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☆ Russian arms manufacturers are 'scrambling to expand their production capabilities using whatever they can get,' expert says
▼ + stars: | 2024-06-19 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia is rushing to expand its arms production by buying secondhand machine tools from China through covert networks to get around Western sanctions. A report from Washington-based nonprofit think-tank The Center for Advanced Defense Studies, or C4ADS, said that Russia's arms manufacturers were "scrambling to expand their production capabilities using whatever they can get." And Russian defense industry analyst and lead researcher Allen Maggard told the Financial Times that the decades-old machine tools Russia is importing are still effective. AdvertisementGlenn Gray, the president of Gray Machinery, told the FT he'd never heard of the company.

Persons: —, Allen Maggard, Andrey Mironov, Glenn Gray, Tsugami, hasn't, C4ADS, UMIC —, ELE Organizations: Service, Advanced Defense, Business, Financial Times, Kremlin, AMG, ELE Technology, Gray Machinery Locations: Russia, China, Washington, Ukraine, UAE, Russian

☆ Shadowy middlemen are giving Russia access to old Western tech left over in countries like China and Turkey
▼ + stars: | 2024-06-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +1 min

Russia is securing second-hand production tech sought after by its defense industry, a think tank reported. Opaque firms in countries such as Turkey and China are helping deliver it to Russian contractors. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDespite the West's campaign to cut Moscow's war economy off from needed equipment, a network of obscure firms are helping Russia secure essential technology, a think tank reported.

Persons: — Organizations: Service, Center for Advanced Defense Studies, Kremlin, Business Locations: Russia, Turkey, China, South Korea

☆ Putin gifts car to Kim Jong Un in sign of ‘special personal relations,’ North Korean state media reports
▼ + stars: | 2024-02-20 | by ( Yoonjung Seo | Jessie Yeung | ) edition.cnn.com time to read: +3 min

The Russian-made car for Kim’s personal use was delivered Sunday by a Russian delegation, the state-run Korean Central News Agency (KCNA) reported. Kremlin spokesperson Dmitry Peskov told Russian state news agency TASS the car was an Aurus, the luxury automaker founded in 2018 to produce Russia’s official state cars. In January, high-ranking North Korean and Russian diplomats met in Moscow in advance of what North Korean state media says is a forthcoming visit to Pyongyang by Putin — his first in more than 20 years. The North Korean leader is often seen being chauffeured in what’s believed to be a Mercedes-Maybach Pullman Guard armored limousine, worth upwards of $1 million. During Kim’s visit to Russia last September, Putin showed his Aurus limousine to the North Korean leader.

Persons: Vladimir Putin, Kim Jong Un, Dmitry Peskov, –, Kim Yo Jong, Putin, Putin —, Kim, “, ”, what’s, Royce, Donald Trump Organizations: South Korea CNN —, Korean, Korean Central News Agency, TASS, Pyongyang, CNN, Putin, North, Maybach Pullman Guard, Maybach S600 Guard, Washington -, Advanced Defense Locations: Seoul, South Korea, United States, Russian, North Korea, Russia, Moscow, Pyongyang, Ukraine, Netherlands, Washington, Singapore

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