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Izhmash to continue producing advanced weapon models
21.12.2010 16:20
Izhmash to continue producing advanced weapon models

The largest firearms producer in Russia OJSC "Izhmash" will continue producing the basic range of small arms and advanced weapon models.
       It had been reported previously that weapon production would be transfered from Izhmash to the mechanical plant of Izhevsk due to the upcoming bankruptcy of the company. A special program of financial recovery of Izhmash is currently running, this will help the company to avoid any bankruptcy risks.
      In the nearest future the plant will take up several contracts for military-technical cooperation and defense contracts. Due to this contracts the earnings of Izhmash could exceed the last year rates.
Author: Ksenia Dzhalagonia


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