Rostec is ready to adapt ammunition for needs of drone manufacturers

October 5, 2018

Press release

Techmash (part of Rostec) is ready to adapt ammunition to meet the needs of drone manufacturers. Companies of the concern produce a wide range of air ammunition, such as aerial bombs whose weight ranges between 2.5 kg and 50 kg.

“Currently, we are considering the drone manufacturers who are interested in cooperation, i.e. for whom we can adapt our samples. At the same time, we are adapting grenade launchers manufactured by JSC “SPA “Bazalt” to make them compatible with drones,” said Aleksandr Kochkin, Deputy CEO of Techmash.

Rostec is actively expanding military-technical cooperation with its partners, including organization of licensed production of its ammunition abroad. In 2014 Rosoboronexport signed a contract for transferring a license for production of Techmash’s Mango tank ammunition to India.

“We believe that key mechanisms for promoting our products include transition from supplies to technological and industry partnerships. We are ready to adapt our technologies and solutions to meet our customers’ needs. Such forms of cooperation are especially interesting for our partners,” said Sergey Abramov, Industrial Director of the cluster of conventional weapons, ammunition and special chemistry at Rostec.

Rostec continues to implement a large-scale program on developing its weapons cluster in accordance with the approved strategy stipulating the main goals such as increasing revenue by an average of 17% in rubles until 2025 and improving operational efficiency and getting into global markets.

Rostec is a Russian State Corporation established in 2007 with the purpose of facilitating the development, manufacture and export of high-tech industrial products for both civil and military purposes. It incorporates over 700 entities that currently form 11 holdings operating in the military-industrial complex and 4 holdings active in civilian industries, as well as over 80 directly supervised organizations. Rostec’s portfolio includes such well-known brands as AVTOVAZ, KAMAZ, Kalashnikov Concern, Russian Helicopters, VSMPO-AVISMA, Uralvagonzavod, and others. Rostec companies are located in 60 regions of the Russian Federation and supply products to the markets of over 100 countries. In 2017, Rostec’s consolidated revenue reached RUR 1.589 trillion, its consolidated net profit was RUR 121 billion, and EBITDA was RUR 305 billion. According to Rostec’s Development Strategy, the mission of the Corporation is to ensure Russia’s technological advantage on highly competitive international markets. One of Rostec’s key goals is to implement a new technological way of living and to promote the digitalization of Russia’s economy.

Holding company JSC “Scientific-Production Concern “Mechanical Engineering” or Techmash was established by the State Corporation Rostec in 2011. The concern specializes in the development and supply of ammunition. The structure of the holding company JSC “SPC “Techmash ” currently includes 36 organizations of munitions industry. Techmash’s highly efficient modern weapons are used by the armed forces of more than 100 countries. Civilian products include equipment for the fuel and energy complex, industrial and medical coolers, agricultural machinery and consumer goods.

Comments

comments