Kalashnikov boosted production by 40% last year as Russia kept buying weapons to use in Ukraine | Business Insider

Natalia Kolesnikova/Getty ImagesThe company boosted production by 40% last year compared with 2021.For more stories,Kalashnikov posted bumper sales last year after Vladimir Putin's invasion of Ukraine led to the"largest contracts" in its history, according to aThe arms-maker that makes the AK-47 and is officially called JSC Kalashnikov Concern boosted production last year by 40% in comparison with 2021 to hit a 20-year high.

Kalashnikov said it fulfilled 45"state defence orders" for the Russian armed forces and signed 24"military-technical cooperation agreements" in 2022. The company also adapted its weapons to cater for the Russian army's needs. It modified the AK-12 rifle, which is used by Russian troops in Ukraine, to speed up firing and give soldiers more control over firing modes,Sales are expected to keep rising this year.

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