After negotiations were held, on December 2, 2021, the management of STE (SpetsTechnoExport) made a deal with one of the countries of Asia.
The total value of the signed contract is over $40 million.
The signed agreement provides for the implementation of joint projects for the supply of products and services of the Ukrainian military-industrial complex.
The signing of this contract took place, as part of STE's participation in the International defense exhibition Egypt Defense Expo (EDEX 2021), from November 29 to December 2, 2021, in the city of Cairo (Arab Republic of Egypt).
EDEX is the only tri-service defense exhibition in North Africa and is fully supported by the Egyptian Armed Forces.
During the event, exhibitors have a unique opportunity to showcase the latest technology, equipment, and systems across land, sea, and air.
EDEX 2021 featured pavilions for several countries, including Egypt, Saudi Arabia, the UAE, France, the United States, and South Korea. It hosted about 400 exhibitors from 40 countries this year. The show was scheduled to take place in 2020 but was postponed due to the COVID-19 pandemic.