Rus­sian-French de­fence co­op­er­a­tion

SP's MAI - - CORPORATE -

UVZ Cor­po­ra­tion and French com­pany Sagem De­fense Se­cu­rite (a mem­ber of Safran Group) have signed a strate­gic part­ner­ship agree­ment in the pres­ence of Prime Min­is­ter of the Rus­sian Fed­er­a­tion Dmitry Medvedev and Prime Min­is­ter of France Jean-Marc Ayrault.

The par­ties have agreed on or­gan­is­ing a long-term strate­gic part­ner­ship con­cern­ing us­age of op­tonic equip­ment and other high-tech prod­ucts pro­duced by Sagem De­fense Se­cu­rite for UVZ ar­moured ve­hi­cles and ar­tillery sys­tems.

The agree­ment was signed by CEO of UVZ Oleg Sienko and Ex­ec­u­tive Vice Pres­i­dent, In­ter­na­tional of Safran Bruno Cotté.

Rafael and PineT­ele­com will closely co­op­er­ate in the de­sign, de­vel­op­ment and man­u­fac­tur­ing of high-end com­mu­ni­ca­tions sys­tems for the Korean mil­i­tary, in­clud­ing tech­nol­ogy trans­fer. Rafael and PineT­ele­com are al­ready work­ing to­gether in the frame­work of sev­eral lo­cal de­fence pro­grammes.

As part of the agree­ment, PineT­ele­com will con­tinue to op­er­ate as an in­de­pen­dent com­pany with engineering and op­er­a­tional col­lab­o­ra­tion from Rafael, en­abling PineT­ele­com to strengthen its com­pet­i­tive­ness in the Korean and in­ter­na­tional de­fence com­mu­ni­ca­tion mar­ket and con­tinue of­fer­ing com­pre­hen­sive so­lu­tions and ad­vanced sys­tems to Korea’s and in­ter­na­tional de­fence com­mu­ni­ca­tion mar­ket.

CEO of Rafael, VADM (Retd) Ye­didia Yaari said that this agree­ment is in line with Rafael’s in­ter­na­tional strat­egy to widen part­ner­ships with lo­cal in­dus­tries. “To­day’s sign­ing marks our strong faith in PineT­ele­com’s role as a part­ner in the Korean mar­ket. PineT­ele­com, like Rafael, is a strong be­liever in the de­vel­op­ment of holis­tic sys­tems, rather than in­di­vid­ual com­po­nents. With this com­mon vi­sion, we look for­ward to shar­ing our knowl­edge and ex­per­tise with PT.

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