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Russia’s Kalashnikov corporation deems proposed assembly of rifles in US unprofitable

June 07, 2014, 0:08 UTC+3 IZHEVSK
A scrutiny of proposals by a U.S. company resulted in a decision suggesting the offer was “neither commercially interesting nor profitable.”
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IZHEVSK, June 06 /ITAR-TASS/. Board of directors of Russia’s automatic weaponry manufacturer, Kalashnikov Corporation, has turned down a U.S. proposal for begin assembly of AK-102 automatic assault rifles in the U.S.

“We confirm this information but we won’t provide any further comments,” a spokesman for the manufacturer told Itar-Tass Friday.

A source familiar with the situation told Itar-Tass a scrutiny of proposals by a U.S. company resulted in a decision suggesting the offer was “neither commercially interesting nor profitable.”

A number of mass media said Friday the Kalashnikov Corporation passed a decision May 15 suggesting that the proposal by the U.S. company Itadesa to organize assembling of the AK-102 rifles in the U.S. would not be rational.

Itadesa planned To streamline the assembling of Kalashnikovs in Philadelphia, Pennsylvania.

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