The story
Tactical Missiles Corporation was founded on the basis of Zvezda-Strela by the Decree of Russian president №84, signed on January 24, 2002.
Zvezda-Strela was a major designer and producer of military missile systems, and included the Zvezda Experimental Design Bureau (OKB), a serial production design bureau (SKB), the main Strela plant, and machine building plants in Kostroma and Bendery Moldova. It was formerly part of the missile-industry grouping Spetstekhnika (Special Equipment).
The structure of Tactical Missiles Corporation was expanded by subsequent decrees №591 on May 9, 2004 and №930 on July 20, 2007.
The holding is sanctioned by New Zealand in relation to the 2022 Russian invasion of Ukraine. Since April 8, 2022 the corporation has been included in the EU sanctions list. On February 24, 2022, the corporation was added to the sanctions list of Canada. On April 1, 2022 the corporation was included in the US sanctions lists for the purchase of products prohibited by export restrictions.
It was reported in September 2023 that the company had doubled the production of high precision weapons over the past six months. It was also reported in January 2024 that since February 2022 the company had increased the production of the most demanded high-precision weapons by 5 times.
From Wikipedia’s article on Tactical Missiles Corporation, shared under CC BY-SA 4.0.3