Ukraine crisis delays Ak-203 assault rifle deal with Russia
2 years, 9 months ago

Ukraine crisis delays Ak-203 assault rifle deal with Russia

The Hindu  

Due to the ongoing crisis in Ukraine, implementation of the deal for 6.1 lakh Ak-203 assault rifles signed with Russia last July has been delayed by at least few months, according to defence sources. In another small arms deal, the repeat order for 72,400 SIG-716 assault rifles from Sig Sauer is delayed and more than two officials, on condition of anonymity, said it is likely to be dropped. Over 6.1 lakh Ak-203 assault rifles costing over ₹5,000 crore will be manufactured by a Joint Venture, Indo-Russian Rifles Private Ltd, at Korwa, Amethi in Uttar Pradesh. Under a ₹700-crore deal in February 2019 with Sig Sauer of the U.S., the Defence Ministry procured 72,400 SIG-716 assault rifles through Fast Track Procurement, most of which were for the Army and have been provided to frontline troops involved in counter-insurgency operations.

History of this topic

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