Russia’s leading drone maker nears collapse

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One of Russia’s largest drone manufacturers, AO Kronstadt, is on the verge of bankruptcy after months of financial turmoil and mounting lawsuits, Russian media reported. According to CNews, the company has faced dozens of debt claims in recent months, with more than 600 million rubles ($7 million) sought since the beginning of summer. The largest […]

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The post Russia’s leading drone maker nears collapse first appeared on Defence Blog.



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