Israel Military Industries Inks $39 Million Deal with US Civilian Market
JNS.org – The Israel Military Industries (IMI) weapons manufacturer confirmed Tuesday that it has signed a $39 million deal to supply the US civilian market with small caliber ammunition.
The deal includes supplying US-based distributors with light munitions used for hunting, sports, and in shooting ranges, the company said.
The order was placed by distributors that IMI has been collaborating with for more than two years, and is based on a business strategy seeking to direct one-third of the company’s sales to the civilian market.
“Working with the Israel Defense Forces and various special forces gives the Small Caliber Ammunition Division a significant advantage in the international market,” said Israel Shmilovitz, head of the IMI Small Caliber Ammunition Division.
Meanwhile, the US Army has recently increased its orders with IMI, including key components for its flagship Modular Active Protection System program.