Izhmash Open Joint Stock Company (a member of Rosoboronexport and the original equipment manufacturer of AK rifles) apparently emerged as L-1, that is the lowest bidder, in the financial bid assessments, priced as they were between $150 and $160 per piece of the assault rifle. M/s Kintex, it is worth noting, had priced their product between $190 and $200.
Sounds like a shady procurement deal that went south. Hope Izmash wins their case, but i bet they wont if the -103 is untested. Indians hang up everything on technicalities.
Back when the Soviet Union was the Soviet Union, almost all the Warsaw Pact countries got an arsenal and a complete set of blueprints and technical package to make their own AKs. No formal licensing of the design was done as they were all one big happy Commie family. Fast forward, now the WP is no more and most of the governments, including Russia, have privatized their former arsenals. Now Izhmash declares they own the patent on the Ak design and threaten to sue anybody who makes a copy of it, including former WP arsenals they gave the tech to. I guess Russian patents differ from US ones on time. In any event, the USSR gave away AKs by the truckload to anyone who wanted them if they were spreading Socialism across the globe, so currently the market is flooded with them. Very few orders for new AKs these days, and Russia means to corner the market for what little business there is.
I'll take 3 @ $150/ea..Can I get them in 5.56? LOL But seriously is ismash publicly traded?
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