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LAAD 2011 Defence & Security News - Krauss-Maffei Wegmann |
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Wednesday,
April 13, 2011, 08:49 AM |
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Krauss-Maffei Wegmann KMW announced at LAAD 2011 the founding
of a new subsidiary in Brazil. |
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Krauss-Maffei
Wegmann (KMW), Europe’s market leader for protected
tracked and wheeled vehicles, officially announced the founding
of a new subsidiary in Brazil today on the occasion of the
opening ceremony of the Latin America Aero & Defence
exhibition.
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The
Brazilian army bought Leopard 1A5 main battle tank from
KMW
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Named KMW do
Brasil and located in Santa Maria in the southern Brazilian
state of Rio Grande do Sul, the newly founded company
will act as a continental hub for KMW’s activities
in South America.
“This step is a clear commitment to Brazil which
has recently purchased LEOPARD 1A5 main battle tanks and
respective periphery systems, delivered by KMW”
Frank Haun, CEO of KMW, said during his visit to the Rio
de Janeiro. “Now we want to extend our activities
and with Santa Maria we have found an ideal location to
build up a new KMW-service, -production and –technology
plant. This is a dedicated commitment to Brazil for a
true technology transfer and a true local content.”
KMW’s strategic intention is to transfer technology
to Brazil where, after the build-up of the new manufacturing
site and together with local engineers and experts, military
vehicle solutions are to be developed according to the
specific needs of the Brazilian Army. In addition the
new subsidiary will serve as maintenance centre for land
systems and later also as a manufacturing site. Furthermore
it will focus on the generation of new business opportunities
in a market that is of strategic importance due to the
high demand for highly sophisticated land systems and
cutting-edge technologies. With the formation of its South
American subsidiary KMW also continues its path of regional
cooperation and technology transfer.
The new company is headed by Christian Böge. He has
a long standing record in sales and marketing and an in-depth
knowledge of the region.
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