GIAT Industries
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GIAT Industries (formerly known as Groupement des Industries de l'Armée de Terre, Army's Industries Group) is a French government-owned weapon manufacturer.
It manufactures various weapons and other hardware for the French and foreign military, including:
- the FAMAS assault rifle,
- the FRF2 sniper rifle
- the Leclerc main battle tank.
- the VAB armoured personnel carrier
- the 20mm modèle F2 gun
- the APILAS anti-tank grenade launcher
- the LG1 Mark II 105 mm towed howitzer
Ever since it was founded, GIAT's management has been difficult. The company was operated at a loss, and a 2001 report by the Cour des Comptes described the situation as critical. Not until April of 2004 did the board of directors present the public with a financial statement showing a turn over of several hundred million Euros. This was mostly thanks to increased export sales, the modernization of the LeClerc main battle tank and several other armored platforms.
References
- () Cour des Comptes, Les industries d'armement de l'État, [chapter 3], 2001
External links
- () [Official site]
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