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
Daewoo Leganza under the Daewoo Leganza name, the only exception being the Doninvest Kondor, a short-lived version assembled by the Russian Doninvest corporation on Taganrog's TagAZ. At the time it was launched, the Leganza was a bit longer than most mid-size European or Asian cars, which is why it was initially marketed as an inexpensive executive car in some markets. The base Leganza was offered with a 2.0L 4-cylinder engine, 5-speed manual, hubcaps, cloth trim and all the standard power options. It had an optional 4-speed, hydraulically operated transmission that was said to be rough operating, tended to hunt between gears, and