Hellenic Defense Systems

Russia allegedly sent an official proposal to Greek Defense Minister Panos Kammenos offering for a joint collaboration to comanufacture Kalashnikov Rifles in Greece, according to the site onalert.gr. Initially a verbal offer was made, however a formal reply is expected by August.

Greece’s troubled state-controlled Hellenic Defense Systems (EAS) received a boost Thursday when it signed an 18.5-million-euro agreement to supply 40mm ammunition for the Greek military’s Apache helicopters.