Pavlo barbul and pavlo bukin
SpetsTechnoExport concluded new contracts totaling over half a billion UAH
24.04.2018

In the first two days of DefExpo-2018 specialists of SE “SpetsTechnoExport" concluded new contracts worth over half a billion hryvnias. In general, the enterprise performs contracts, totaling a half of billion US dollars.

Also, 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.

Additional information:

The DefExpo-2018 has been held in India since 2000, every two years, with the support of the Ministry of Defense of India. Leading defense companies represent their products here. Armored vehicles, rocket-artillery weapons, air defense equipment, naval equipment, communications and electronic warfare equipment, unmanned systems are displayed in the framework of DefExpo.



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ABOUT SPETS TECHNO EXPORT

State Foreign Trade Enterprise “SpetsTechnoExport” is a fully state-run entity incorporated by the Government of Ukraine in 1998 for export-import activities at foreign armaments markets.

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