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 while the three-door was called Daewoo Racer and only the sedan was called LeMans. Korean market cars received a 1.5-litre engine (with ) as there was a severe tax penalty for cars with larger engines. In October 1991 the LeMans received a facelift, with a reworked front and superficially changed taillights. This version was called the Asüna SE/GT in the Canadian market, where it replaced the Passport Optima. When South Korean production of the original LeMans finally came to an end in February 1997, over 1 million had been built. This car was sold in Australia as the "Daewoo 1.5i",