Citation(s) from the GunPolicy.org literature library
Batchelor, Peter. 2001 ‘Small Arms, Big Business: Products and Producers.’ Small Arms Survey 2001: Profiling the Problem, p. 44. Oxford: Oxford University Press. 1 July
Singapore has the most diverse and well-developed arms industry in South East Asia. The Ministry of Defence (MINDEF) controls all local arms production through Sheng-Li Holding Company.
Singapore Technology Corporation (STC), through its subsidiary Chartered Industries of Singapore (CIS), is the major local producer of small arms. In early 2000, CIS was reorganized and renamed Singapore Technologies Kinetics (STK).
STK's products include cartridges for small arms, hand grenades, landmines, mortar bombs, shells, and missiles for light weapons, rifles, carbines, assault rifles, light and heavy machine guns, grenade launchers, mortars, anti-tank guns, surface-to-air missiles and launchers (STK Company Information).
Most products are produced under license from Austria (Steyr), Belgium (FN Herstal), Germany (Heckler & Koch), Italy (Beretta), Sweden (Bofors), UK (Sterling), and the US (Colt's Manufacturing).
In addition to supplying Singapore's Armed Forces, STK has become an aggressive competitor in the export market, particularly in certain categories such as mortars and light machine guns (Forecast International, 2000).