An ammunition plant being built by Russia in Venezuela will have the capacity to produce over 50 million rounds for Kalashnikov assault rifles per year, a Russian defense industry official said on Tuesday. The Urals-based Izhevsk Mechanical Plant (IMP) supplied 100,000 AK-103 assault rifles to Venezuela, and signed a new contract in 2007 licensing production of Kalashnikov rifles in the Latin American country. Under the contract, Russia is building an assembly line... (GunPolicy.org)