AK rifles’ sales soar

By IANS,

Moscow: Sales of AK assault rifles, the favourite of insurgents around the world, zoomed by 57 percent last year.

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The AKs are also used by some 50 armies around the world.

Izhmash, the manufacturer of Kalashnikov assault rifles, said the 2011 sales were valued at 5.73 billion rubles ($190 million).

Civilian weapon sales rose 25 percent and a similar increase is expected this year, Izhmash spokeswoman Yelena Filatova said.

Production is to increase 30 percent this year.