Sanctioned (with all successors, sub-units, or subsidiaries) by the United States on December 28, 2006, under the Iran and Syria Nonproliferation Act, effective for two years; added in June 2005 to the U.S. "Entity List" of end users whose activities impose "a risk of diverting exported and reexported items into programs related to weapons of mass destruction or that have been sanctioned by the U.S. State Department;" sanctioned by the United States in September 2003 for transferring lethal military equipment (reportedly Krasnopol laser-guided artillery shells) to Iran; reportedly supplied a "militarily significant quantity" of Kornet antitank guided missiles to Iraq in early 2003, mis-identifying Yemen as the purchaser, according to U.S. officials; sanctioned by the United States in September 2002 for providing "lethal military equipment to ... state sponsors of terrorism;" sanctioned by the U.S. Department of State in April 1999, reportedly for selling Kornet-E and Metis-M anti-tank missile systems to Syria; sanctions were lifted in May 2010; in August 2006, Kornet anti-tank rockets allegedly supplied by KBP to Syria's Ministry of Defense were reportedly discovered in Lebanon.

Products include anti-tank guided weapons and assault arms (including the Metis-M1, Kornet-E, Kvartet, Shmel, Shmel-M, and Vikhr-M systems), multipurpose weapon systems (including the Hermes, Hermes-A, and Hermes-K systems), armament for lightly armored vehicles and tanks, artillery guided weapon systems (including the Gran, Malakhit, Kitolov-2M, Krasnopol, and Krasnopol-M2 systems), and air defense weapon systems (including the Pantsir-S1, Tunguska-M1, Kashtan-M, AK-630M, and AK-306), as well as cannons, machine guns, grenade launchers, and combat small arms; also produces civilian items, including laser surgical devices, sporting and hunting arms, and agricultural and clothing industry products.

A State Unitary Enterprise; Igor V. Stepanichev serves as acting director general; established in 1927.

Subsidiaries include

- KBP Subsidiary, established in 1995 to oversee and promote KBP export activities, and to coordinate the activities of KBP offices outside Russia;
- TsKIB SOO, also known as the Central Research and Design Bureau of Sporting and Hunting Guns, a designer and manufacturer of sporting and hunting arms;
- Scientific and Production Centre of Biotechnology Phytogenetics, also known as FITOGENETIKA Biotechnological Research and Production Center.