PETALING JAYA: Malaysia is set to become the sole global manufacturer of two models of Steyr assault rifles with a joint-venture agreement signed between the National Aerospace and Defence Industries (Nadi) and Austrian weapons-production giant Steyr Mannlicher Holding GmbH.
The collaboration between these two parties will create economic and technological spin-offs in Malaysia, said Deputy Prime Minister Datuk Seri Najib Tun Razak after launching the new Steyr AUG A3 rifle at the Defence Services Asia (DSA 2004) exhibition here yesterday.