ARMSCOR Global Defense, Inc. is in talks with several foreign countries for a possible firearms and ammunitions deal, President and Chief Executive Officer Gina Marie G. Angangco said on Tuesday, as reported by BusinessWorld.
Ms. Angangco noted that foreign markets have been engaging with the company, particularly after its participation in a defense exhibition in Malaysia. The ongoing discussions involve potential supply agreements that could expand Armscor's international footprint.
The company has not disclosed specific countries or the potential value of the deal. Armscor, a Philippine-based defense manufacturer, continues to seek opportunities abroad as part of its growth strategy.