Good News, Izhmash Scores $400 Million Missile Contact
RIA reports that our favorite Russian gun maker Izhmash, makers of the AK and Saiga rifles, has just won a $400 million ($13 billion rubles) contact to produce Vikhr-1 missiles, long-range anti-tank missile usually fired from attack helicopters. This will go a long way to helping the struggling company back to solvency.
The Vikhr-1 contract will enable Izhmash to tackle almost all of its financial problems, he said in late May, adding its current debt stands at 3 billion rubles.
Busygin also said the company has asked the Russian government for financial assistance to complete its merger with gun-maker Izhmekh under the Kalashnikov brand. The two companies, both based in the city of Izhevsk, have been experiencing financial difficulties and a sharp drop in production output.
The two enterprises will become the new Kalashnikov Corporation, first proposed by Deputy Prime Minister Dmitry Rogozin, who oversees the Russian defense industry. It is due to be registered in time for Russia’s Arms Makers’ Day, September 19.
Thanks for Albi for the tip.
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That's probably good news but I live 3 hours from Izhmash (which is in Izhevsk) and I'm playing airsoft at the territory of Izhmash (at machine shops that are no longer running) a few times a year. I doubt either me here or you in US would benifite from Izhmash getting this contract because that won't affect small arms production. My buddy and I were trying to acquire a good 7.62x39 Saiga for his range (~400 yards) last fall and failed to do so - most shops we've called did not has it in stock and those who did has Saiga with small-to-moderate defects, so I've ended up selling him my almost 10 years old Saiga that is way better then what they do sell right now.
Probably you guys recieve Izhmash guns that has some better QC but here it's not so good.
Boy... I have read a lot of posts on this site and this is the only one with cold war retards running on full stupid.
When was the last time Russian AF ATGMs killed an American?
Perhaps an American advisor in Afghanistan in the 1980s but otherwise for it to happen that American has to be somewhere outside America...
And the crap about Iranian nuclear missiles... you are OK because they are delivered by Santas Sleigh like all other make believe things...