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 LeMans car market in 1996. It was replaced there by the Lanos in the autumn of 1997, by which time some 40,000 examples had been sold. In Romania, manufacturing began in 1996, at the newly acquired Daewoo Automobile Romania factory in Craiova, being the first Daewoo model produced at the plant. It was offered only with the sedan body style, and was exported to most countries in Central and Eastern Europe. The GLE version, which was the full option model, included air conditioning, power steering, front and rear electric windows, fog lamps, central locking, tachometer and a cassette player stereo system.