The Kalahsnikov concern, which is a part of the Rostec state corporation, and the Russian Weapon Company (RWC) signed an agreement on the delivery of Kalashnikov-produced weapons to the United States and Canada as part of the Shot Show 2014 in Las Vegas.
"Pavel Kolegov, Kalahsnikov concern deputy director for sales and marketing and Thomas McCrosin, RWC Group LLC CEO took part in the official signing ceremony," the Kalahsnikov concern said in a statement obtained by Interfax-AVN on Thursday.
According to the contract, RWC has got an exclusive right to deliver to the United States and Canada sports and hunting weapons under Izhmash and Baikal brands produced by the Kalashnikov concern. The five-year contract envisions the shipment of 80,000 to 200,000 guns per year. RWC will not only sell but also provide maintenance services.
"We expect that cooperation [with RWC] will allow us to increase the concern's share on the world's largest civil weapons market," the statement reads.
All rights reserved by Rossiyskaya Gazeta.