# Kalashnikov Corporation acquires 60% stake in NPO Molniya from Rostec

Rostec agreed to sell a 60% stake in JSC NPO Molniya, a scientific and production enterprise, to Kalashnikov Corporation.

- Type: Acquisition
- Announced: 2018-09-28
- Where: Russia
- Status: announced
- Products: precision weapons, assault and sniper rifles, guided artillery projectiles
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Rostec](https://endata.com/companies/8731.md) (partner)
- [Kalashnikov Corporation](https://endata.com/companies/34579.md) (acquirer)
- [JSC NPO Molniya](https://endata.com/companies/34580.md) (target)

## Sources

- [airforce-technology.com](https://www.airforce-technology.com/news/mas-week-rostec-firstmark-pgz/), 2018-09-27: "Russia’s state-owned holding company Rostec has agreed to sell a 60% stake in JSC NPO Molniya, a scientific and production enterprise, to Kalashnikov Corporation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.