KAYO
KAYO is Albania’s first state-owned arms production and trade company, launched in 2024.
History
Albania has inherited from the past a military industry which today does not exercise or meet many standards for modern production. In May 2024, the Albanian Parliament presented a draft-law on the creation of a state-owned company for arms production, aiming to reactivate the arms industry in Albania. Earlier in 2024, the minister of defence preceded the reawakening of the military industry in Albania.[1]
The idea of reopening arms production facilities was first articulated during a summit in Tirana focused on Ukraine. President Volodymyr Zelensky highlighted the need for armament production for Kyiv.[2]
References
- ^ "What is known so far about the state company for the production of weapons 'Made in Albania'". Telegrafi. 7 June 2024. Retrieved 5 January 2025.
- ^ "Albania to resume arms production and sales after decades long break". Albanian Times. 27 July 2024. Retrieved 5 January 2025.