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. Last Updated: 07/27/2016

05/29/1993

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Defense Conversion: Selling Old Specialties

Alexander Grigoryev, general director of Impuls, a Russian defense manufacturer, recalled that when conversion started at his factory, ""It was like a hysteria"". People were about to start production of ""whatever consumer goods would bring money fast"". But, unlike many other enterprises, the company's managers decided to adapt its existing technology - command systems for ""smart weapons"", -for civilian use. ""We have great technologies, why waste such a value? "" said Grigoryev. Using existing, sophisticated technology, rather than scrapping it for more mundane consumer goods, was the message this week at a training session on conversion for 22 directors of Russian military enterprises. The session, which finished Friday, is part of a joint program conducted by the School of Business and Management of Pepperdine University, the Center on Conversion and Privatization of the Russian Academy of Science and the U. S. Council on Assistance to Russian Reforms.
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