S&T Motiv

S&T Motiv Co., Ltd (formerly S&T Daewoo and previously Daewoo Precision Industries) is a South Korean firearms and auto parts manufacturer founded in 1981. Its firearms equip most frontline units of the Republic of Korea Armed Forces.

S&T Motiv Co., Ltd

Type	Public
Traded as	KRX: 064960
Industry	Automotive industry Arms industry
Founded	1981
Headquarters	Busan, South Korea
Key people	Tae-kwon Kim (CEO)
Products	Auto parts, firearms
Revenue	US$1.03 billion (2015)[1]
Operating income	US$105.2 million (2015)[1]
Net income	US$73.2 million (2015)[1]
Total assets	US$1.02 billion (2015)[1]
Total equity	US$0.66 billion (2015)[1]
Number of employees	938 (March 31, 2014)
Parent	S&T Holdings Co Ltd
Website	S&T Motiv

History

Daewoo Precision Industries Co., Ltd was established in December 1981 as a wholly owned subsidiary of Daewoo to manufacture small arms. In 1986 the company diversified into auto parts manufacture. In December 1992 the company was listed on the Korean stock exchange.

Following the collapse of Daewoo the company was spun off in February 2002 and relisted on the Korean stockmarket in March 2002. The majority of its shares were purchased by S&T Holdings in June 2006 and it was renamed S&T Daewoo Co., Ltd in September 2006. In March 2012 the company was renamed S&T Motiv Co., Ltd.[2][3]

In DX Korea 2018, the company announced that they're working on a 9mm revolver based on requirements for Korean law enforcement agencies and an AR-10-type rifle for a potential Korean military contract.[4]

Firearms

K2 rifle at the War Memorial of Korea

K3 machine gun at the War Memorial of Korea

K7 SMG at Defense Asia 2006

Licensed production

• M1911 semi-automatic pistol (.45 ACP)
• M16A1 assault rifle (5.56×45mm NATO)[5]
• M60D general-purpose machine gun (7.62×51mm NATO)
• M203 under-barrel grenade launcher, as the K201, with minor improvements (40×46mm)[6]

Own designs

• USAS-12 automatic combat shotgun (12-gauge)
• K1 assault carbine/submachine gun (.223 Remington)
• K2 assault rifle (5.56×45mm NATO)[7]
• K3 light machine gun (5.56×45mm NATO)
• K4 automatic grenade launcher (40×53mm)
• K5 semi-automatic pistol (9×19mm Parabellum)[8]
• K7 suppressed submachine gun (9×19mm Parabellum)
• XK8 prototype bullpup assault rifle (5.56×45mm NATO)
• XK9 prototype submachine gun (9×19mm Parabellum)
• XK10 prototype submachine gun (9×19mm Parabellum)
• K11 assault rifle/grenade launcher multi-weapon (5.56×45mm NATO & 20×30mm)
• K12 general-purpose machine gun (7.62×51mm NATO)
• K14 sniper rifle (7.62×51mm NATO)
• K15 light machine gun (5.56×45mm NATO)

References

1. "S&T Motiv Co Ltd (064960:Korea SE)". investing.businessweek.wallst.com. Retrieved May 7, 2016.
2. "Official S&T Motiv Co., Ltd. brochure, page 5" (PDF). S&T Movic Co., Ltd. Archived from the original (PDF) on 2012-06-03. Retrieved 2012-06-03.
3. "S&T Motiv Co Ltd064960.KS". Reuters. 16 January 2020. Retrieved 16 January 2020.
4. https://www.sadefensejournal.com/wp/?p=4670
5. Southby-Tailyour, Ewen. Jane's Special Forces Recognition Guide. p. 446.
6. Rottman, Gordon (2017). US Grenade Launchers: M79, M203, and M320. Osprey Publishing. ISBN 978-1472819529.
7. Neville, Leigh (2019). The Elite: The A–Z of Modern Special Operations Forces. Osprey Publishing. p. 70. ISBN 978-1472824295.
8. "S&T Motiv exports pistols to U.S." The Korea Herald. 28 March 2012. Retrieved 16 January 2020.

External links

S&T Motiv Homepage