Armenia to produce, export night vision, thermal imaging cameras

Armenia to produce, export night vision, thermal imaging cameras –

PanARMENIAN – Production of military night visiongoggles and thermal imaging cameras will be launched inArmenia, with Unicom Engineering set to manufacture the devices, Aysor.am reports.

According to Economy Minister Artsvik Minasyan, the production and export of the equipment will be organized in Armenia’s Alliance free economic zone.

“On the second year of the project in 2017, the export volume is expected to amount to $5 million, set to grow to $12 million on the fifth year,” Minasyan said.

“During the first year of production, 1000 devices will be built and shipped abroad. We are to increase this number to 5500 in the future. Russia is the main recipient of Armenian night vision and thermal imaging cameras.”

The project eyes investments worth $31 million, 10 jobs will be created at the beginning, and 35 people will work on the project in five years.