November 6, 2023.
CYBERGUN, a global player in recreational shooting, is very proud to announce that its subsidiary VERNEY-CARRON, the oldest French arms manufacturer, has signed a framework contract with the Ukrainian state company Ukrspecexport for a record amount of 36 MEUR.
This framework contract provides for the supply by VERNEY-CARRON of 10,000 assault rifles, 2,000 precision rifles and 400 grenade launchers. It demonstrates the continued strengthening of bilateral relations between France and Ukraine in terms of defense cooperation and the capacity of players in the French arms industry to put themselves at the service of this cooperation.
The execution of this framework contract is subject to the establishment of the necessary financing, which may be provided by Ukrainian and French funds, within the framework of an agreement between the Ukrainian State and the support fund for Ukraine. . VERNEY-CARRON is committed to working closely with all stakeholders to ensure the completion of this transaction within the agreed deadlines and should welcome a Ukrainian delegation to its Saint-Etienne production site in the coming weeks.
Deliveries of qualification batches are planned for early 2024. The first mass deliveries are planned 6 months after execution of the framework contract, subject to VERNEY-CARRON obtaining the necessary import-export authorizations between France and Ukraine in the field of arms. The delivery process will be spread over 10 months, allowing VERNEY-CARRON to adapt its production tool to the volumes committed.
Hugo BRUGIÈRE, CEO of CYBERGUN and representative of VERNEY-CARRON Développement, manager, declares: “
I would like, on behalf of all the VERNEY-CARRON and CYBERGUN teams, to express my deep gratitude to the Ministry of the Armed Forces, Mr. Deputy for Loire Quentin BATAILLON, Mr. Deputy for Rhône Thomas GASSILLOUD, President of the Commission of national defense and the armed forces, the Directorate General of Armaments (DGA) and all state services which contributed significantly to the conclusion of this historic agreement. This collaboration demonstrates the commitment of the VERNEY-CARRON and CYBERGUN companies to international security and cooperation between nations.
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About CYBERGUN:
Founded in 1986, CYBERGUN is a global expert in the design, production and distribution of replicas of ball weapons under exclusive licenses, both in B2B thanks to its global network and in B2C with in particular the site
evike-europe.com
. Historically positioned in the Civil and recreational segment (Airsoft, Airgun, recreational shooting), the Group has developed, since 2014, a Military division dedicated to the training of armed forces and police. During the 2022 financial year, CYBERGUN achieved a turnover of 43 MEUR.
Qualified as an “Innovative Company” by Bpifrance, CYBERGUN is listed on Euronext Growth in Paris (FR0014004QR6 – ALCYB) and its securities are eligible for FCPI, PEA and PEA-PME.
About VERNEY-CARRON:
Created in 1820, VERNEY-CARRON is the largest and oldest manufacturer of French hunting weapons. Based in Saint-Étienne, the capital of French weapons, VERNEY-CARRON manufactures and distributes a wide range of hunting rifles and rifles under the registered brand VERNEY-CARRON. It also manufactures and distributes FLASH-BALL® defense ball launchers which equip numerous law enforcement agencies in France and abroad.
Over the last few years, VERNEY-CARRON has developed and added to its security & defense brand LEBEL, a complete range of military weapons including an assault rifle (VCD 15), a precision rifle (VCD 10) and a shotgun. machine gunner in 9mm caliber (VCD 9).
VERNEY-CARRON shares are listed on Euronext Access (FR0006174496 – MLVER) and are eligible for PEA-PME.
Find all the information on VERNEY-CARRON:
www.verney-carron.com
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