Christopher K.

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Heckler & Koch.
Christopher K.
Heckler & Koch GmbH (HK or H&K; German pronunciation: [ˌhɛklɐ ʔʊnt ˈkɔx]) is a German firearms manufacturer that produces handguns, rifles, submachine guns, and grenade launchers. The company is located in Oberndorf am Neckar, Baden-Württemberg and also has subsidiaries in the United Kingdom, France, and the United States. Heckler & Koch GmbH Company type Private (GmbH) Industry Defense Founded 28 December 1949; 75 years ago Founders Edmund Heckler Theodor Koch Alex Seidel Headquarters Oberndorf am Neckar, Germany Area served Worldwide Key people Jens Bodo Koch (CEO) Products Firearms, weapons Revenue Increase €305.1 million (2022)[1] Operating income Increase €46.23 million (2022)[1] Net income Increase €50.639 million (2022)[1] Total assets Increase €328.194 million (2022)[1] Total equity Decrease €70.313 million (2022)[1] Number of employees 1,156 (2023)[2] Website heckler-koch.com Heckler & Koch was founded in 1949 by former Mauser engineers Edmund Heckler, Theodor Koch, and Alex Seidel, who founded the company out of the shuttered Mauser factory in Oberndorf.[3] The company initially produced machine tool and metal parts until 1956 when, in response to a Bundeswehr contract for a new service rifle, HK developed the Heckler & Koch G3. The success of the G3 rifle prompted HK to transition to the defense industry. HK was owned by Royal Ordnance from 1991 to 2002, and is currently part of the Heckler & Koch Group, comprising Heckler & Koch GmbH, Heckler & Koch Defense, NSAF Ltd., and Heckler & Koch France SAS. The company's motto is "Keine Kompromisse!" (No Compromises!).[4] Nicolas Walewski's financial holding company CDE has held a majority stake in Heckler & Koch since July 2020.[5] History edit An early-production G3 rifle, Heckler & Koch's first firearm, photographed by the United States Army's Ordnance Corps in January 1961 With the fall of Nazi Germany and the following Allied occupation of Germany, Oberndorf came under French control, and the entire Waffenfabrik Mauser AG factory was dismantled by French occupying forces. All factory records were destroyed on orders of the local French Army commander. In 1948, three former Mauser engineers, Edmund Heckler, Theodor Koch, and Alex Seidel, saved what they could from the factory and used what they had salvaged to start a machine tool plant in the vacant factory that became known as the Engineering Office Heckler & Co.[6][7] On 28 December 1949, the Engineering Office Heckler & Co. changed its name and was registered officially as Heckler & Koch GmbH. Initially the new company manufactured machine tools, bicycle and sewing machine parts, gauges, and other precision parts.[8] In 1956, Heckler & Koch responded to the West German government's tender for a new infantry rifle for the Bundeswehr with the proposal of the G3 battle rifle, based on the Spanish CETME Model 58 rifle and developed in cooperation with CETME.[6][7] The German government awarded Heckler & Koch the tender and in 1959 declared the G3 the standard rifle of the Bundeswehr.[9][10] Later in 1961, Heckler & Koch developed the 7.62×51mm HK21 general-purpose machine gun, based on the G3.[11] In 1966, Heckler & Koch introduced the HK54 machine pistol, which eventually launched in 1969 as the MP5 submachine gun.[12] Two years later, the company introduced the HK33 assault rifle, a smaller version of the G3 chambered in 5.56×45mm NATO.[13][14] Diversification edit In 1974, Heckler & Koch diversified into two more areas, HK Defense and Law Enforcement Technology and HK Hunting and Sports Firearms. Since then, HK has designed and manufactured more than 100 different types of firearms and devices for the world's military and law enforcement organizations as well as sports shooters and hunters.[15] In 1990, Heckler & Koch completed two decades of development of their caseless weapon system and produced prototypes of the G11 rifle. The company also produced prototypes of the G41 assault rifle intended for the Bundeswehr. Due to the international political climate at the time (East and West Germany uniting and defense budget cuts) the company was unable to secure funded contracts from the German government to support production of either weapon system and became financially vulnerable. The following year, Heckler & Koch was sold to British Aerospace's Royal Ordnance division.[4] During 1994 and 1995, the German government awarded Heckler & Koch contracts for producing an updated standard assault rifle and updated standard sidearm for the Bundeswehr. Heckler & Koch developed and produced the Project HK50, a lightweight carbon fiber assault rifle, which became the G36 assault rifle. In addition, Heckler & Koch produced the P8 pistol, derived from its USP handguns produced since 1989. The USP was adopted as the standard sidearm of the Bundeswehr in 1994, and the G36 was adopted as their standard-issue rifle in 1995.[16] As the result of a 1999 merger between British Aerospace and Marconi Electronic Systems, Heckler & Koch was owned by the resulting BAE Systems; it was contracted to refurbish the British Army's SA80 rifles (which had been manufactured by Royal Ordnance)[17] This contract entailed a modification program to the SA80 series of rifles to address a number of reliability issues with the design. In 2002, BAE Systems restructured and sold Heckler & Koch to a group of private investors, who created the German group holding company HK Beteiligungs GmbH. In 2003, HK Beteiligungs GmbH's business organization restructured as Heckler & Koch Jagd und Sportwaffen GmbH (HKJS), and its business was separated into the two business areas similar to the 1974 business mission areas: Defense, and Law Enforcement and Sporting Firearms. In 2004, Heckler & Koch was awarded a major handgun contract for the United States Department of Homeland Security, worth a potential $26.2 million for up to 65,000 handguns.[18] This contract ranks as the single largest handgun procurement contract in U.S. law enforcement history.[19] Heckler & Koch facility in Oberndorf am Neckar, 2008 HK was contracted by the United States Army to produce the kinetic energy subsystem[20] (see: kinetic projectiles or kinetic energy penetrator) of the Objective Individual Combat Weapon, a planned replacement for the M16 rifle/M203 grenade launcher combination. The OICW was designed to fire 5.56 mm rounds and 25 mm grenades. The kinetic energy component was also developed separately as the XM8, though both the OICW and XM8 are now indefinitely suspended. Heckler & Koch developed an AR-15/M4 carbine variant, marketed as the HK416.[21] HK replaced the direct impingement system used by the Stoner design on the original M16 with a short-stroke piston operating system. The civilian models are named the MR223 and, in the U.S., the MR556A1.[22] In 2007, United States Secretary of the Army Pete Geren agreed to hold a "dust chamber" test pitting the M4 against the Heckler & Koch HK416 and XM8, as well as the rival FN SCAR design. The Heckler & Koch XM8 and FN SCAR had the fewest failures in the test, closely followed by the HK416, while the M4 had by far the most.[23] In 2007, the Norwegian Army became the first to field the HK416 as a standard-issue rifle.[24] HK sells its pistols in the United States to both law enforcement and civilian markets, through its HK USA subsidiary. The company has locations in Virginia, New Hampshire, and Georgia.
Slow Horses (Slough House, #1)
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