SE “Spetstechnoexport” concluded new contracts totaling over half a billion UAH

In the first two days of DefExpo-2018 specialists of UOP SE “Spetstechnoexport” concluded new contracts worth a total of over half a billion hryvnias. In general, the enterprise has contracts, totaling a billion dollars.

Within DefExpo-2018, SFTE “SpecTechnoExport” representatives signed an agreement on cooperation with the Indian state company Bharat Electronics Limited. The agreement defines cooperation between the parties in the framework of modernization and production localization of components for armored vehicles.

It is planned to engage Ukrainian and Indian MIC representatives in creating a new tank for the needs of the Ministry of Defense of India, modernization of radar and air defense system complexes, manufactured by the USSR; joint R&D projects, in particular in hydroacoustic and radar areas. Bharat Electronics Limited is one of the largest local suppliers of defense products for the Ministry of Defense of India.