Time in Yerevan: 11:07,   26 April 2024

Government promotes development of military industry

Government promotes development of military industry

YEREVAN, NOVEMBER 26, ARMENPRESS. The Government of the Republic of Armenia has granted a three-year-period license for production of weapons to “Feron” LLC. “Armenpress” reports that Republic of Armenia Deputy Minister of Defense Ara Nazaryan said that “Feron” LLC performed contract activities related to development, repairing and production of military weapon spares on Armenia Defense Ministry’s order. Taking into account the aforementioned, Armenia Defense Ministry found it appropriate to grant the company a license for weapon production.

“The adoption of the draft decision will provide a possibility to effectively implement military industrial complex reforms and development,” the statement by the Defense Ministry of Armenia reads. 








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