Daewoo Precision Industries K2 is performing field tests. After the tests are complete, the K2A will be mass-produced and will join the armed forces in 2015. Additional production of K2 rifles will remove the M16A1 from active service completely by 2017. Daewoo Precision Industries K2 Daewoo Precision Industries K2 assault rifle was developed by the South Korean Agency for Defense Development and manufactured by S&T Motiv (formerly Daewoo Precision Industries). It is currently the standard service rifle of the Republic of Korea Armed Forces. Shoulder-fired and gas-operated, the K2 is capable of firing both 5.56×45mm NATO and .223 Remington ammunition. The K2 supplanted the
Mathis (cars) Mathis (cars) Mathis was a company in Alsace that produced cars between 1910 and 1950. The company was founded by Émile Mathis (1880–1956) who was born in Strasbourg and who died in Geneva. Originally, Émile Mathis was a leading car dealer in Strasbourg, Alsace, handling Fiat, De Dietrich and Panhard-Levassor, among other makes from his Auto-Mathis-Palace. Two models were designed for him by the young Ettore Bugatti, which were marketed under the brand Hermes (1904–1905). Current for 1905-06, it was built in 28, 40, and 98 hp forms, all being Mercedes-like cars with chain drives. Designer and racing-driver Dragutin Esser