First shipment of "Zastava's" pistols for America and Iraq to be dispatched at end of May

The first shipment of "Zastava’s" pistols CZ 99, intended for Iraqi security forces, will be dispatched this month. At the end of May, 2,000 pistols worth about 600,000 USD will be exported to Iraq.

According to the contract signed with the Ministry of Defense of Iraq, total of 18,500 pistols worth about 5m USD will be delivered to that country in 2008.

In addition to this direct export, "Zastava" also exports infantry arms, that is, machine guns, new military rifle M 21, long-range sniper rifle “black arrow” and automatic grenade caster to Iraq through foreign, mainly US companies. The value of this export arrangement for this year amounts to about 20m USD.

By the end of this week, the first this year’s shipment of pistols "M 88" and "CZ 99" will be delivered to the US market. According tothe contract signed with US "Remington", "Zastava" should export about 3m USD worth of hunting carbines, small-caliber rifles and pistols to USA in 2008.