British-based Stiletto Systems Ltd. jointly with Canadian-based MAGNUM and its division Waterbury Farrel are considering the possibility of participating in a tender of the Ministry of Economic Development and Trade to create a new manufacture of shooting and artillery ammunition in Ukraine.
Head of Stiletto Ukraine Roman Karpenko said the British-Canadian alliance had practical experience in designing and building modern ammunition production facilities in a number of countries and was ready to provide the construction of a new ammunition plant in Ukraine.
“Stiletto Systems Ltd. in alliance with MAGNUM and its division Waterbury Farrel are interested in participating in a possible tender of the ministry and are ready to offer a wide range of infantry and artillery ammunition, taking into account the request of the Defense Ministry and the needs of the Armed Forces of Ukraine,” he said, noting that the alliance’s proposals for cooperation in the project were submitted to the Cabinet of Ministers of Ukraine for familiarization in July.
British-based Stiletto Systems Ltd. specializes in the development of ammunition and small arms. (Interfax-Ukraine/Business World Magazine)