IDEX 2015

Sights set on new areas [IDX15D2]

24 February 2015

Arguably the best-known name in small arms, renowned Russian enterprise Kalashnikov Concern (Stand 09-C30) is actively branching out into the areas of UAVs and boats, writes Sam Basch. The company, which is part of state corporation Rostec, decided to acquire a controlling (51 per cent) stake in Euroyachting Rybinskaya Shipyard and Zala Aero.

“The decision to purchase a majority stake in Zala Aero and Euro-yachting is to widen our product line and develop new sectors of our market,” said Kalashnikov Concern chief executive, Aleksey Krivoruchko.

The acquisition is part of the company’s strategy for corporate development through to 2020. Kalashnikov plans to develop and manufacture drones, along with mobile and earth-based management stations. The envisaged drone development is aimed at air surveillance in areas of heightened danger and emergencies, as well as for geodetic, mapping and scientific research operations in harsh climates and weather conditions.

According to Krivoruchko, the interest in the Euroyachting shipyard allows Kalashnikov to carry out turnkey development and mass production of military and civilian launches, and to support the entire life-cycle for its products. They are intended mainly for anti-piracy and counterterrorism operations, patrol, transportation and landing of troops, and fire support, as well as search and rescue.

Kalashnikov envisages development and manufacturing of high-tech landing craft for the military, along with maritime and river pleasure cruise launches.

(222 words)