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Posted (edited)

-- Kalashnikov switches to private hands in $41mn deal -- Russia Today -- September 23, 2013
http://bit.ly/1eBKXFu

"It was conditional the investors be Russian nationals, and the two men have already pledged to invest an additional $78 million over the next two years to pay off debt of the AK-47 producer, which makes up 95 percent of Russia's light weapons."

"Bokarev picked up the shares because he has a "financial incentive" and Krivoruchko sees the investment paying for itself in five years. The two will lead the creation of future joint ventures with foreign partners in producing gunpowder and ammunition."

-- For info on modern AK-47s, now designated 'AKM': http://en.wikipedia.org/wiki/AKM
 

-- the US market looks like a good place for them:

http://nyti.ms/TazUcC

 

-- and they have a new prototype in the works, called the 'AK-12': http://ak12rifle.com/#axzz2fjsLrFkl

Edited by gnatshooter

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