With over 50 million made Kalashnikov Manufacturer Faced Bankruptcy: Unbelievable?
Mihail Kalashnikov and German inventor Hugo Schmeisser
AK47 vs. the M16
At first glance this is an amazing development knowing The AK47 is one of the most popular and easily recognized firearms in the world. Over 50 armies along with hundreds of resistance movements use the weapon. There have been over 50 million AKs produced since the rifle’s creation in 1947. However it's success and desire to get it around the world was its downfall!
I just had a conversation the other day with one of you as to how we face the Kalishakov as the weapon of choice in Afghanistan and elsewhere. I know we are the worlds largest supplier of arms but knowing how prevelant the Kalashnikov is and that there has been over 50 million produced in its more than 60 year history of production I was amazed to hear that the manufacturer of the most popular rifle in the world is facing Bankruptcy. Kalashnikov Manufacturer Faces Bankruptcy
Mikhail Kalashnikov the elderly weapons designer laments that there are counterfeits made all over the world. That I did not know but it is Russia's own fault as they not only sold the AK47 around the world in their effort to make it popular but they gave out the instructions on how to produce them.
I heard it is fondly known as the worlds credit card "you don't leave home without it" Problem is that there are about eight countries in which dozens of business are making their own versions of the Kalashnikov and they pay no royalties to Kalashnikov or Russia! Since 1947 licenses were granted generously with the goal of spreading the weapon around the world with the aim of freeing the people.
I invite you to check this link out because it is quite interesting! As we took as much of the brain trust as we could after the fall of Germany to develop our own country and military so too did Russia.