Breaking news
Pindad and the United Arab Emirates sign MoU for military technologies exchange 22409152.
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Defence & Security Industry News - PT Pindad
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| Pindad and the United Arab Emirates sign MoU for military technologies exchange | |||
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Officials from Indonesia's state arms manufacturer Pindad and the United Arab Emirates have signed a defense agreement that could open up a world of opportunity in terms of weapons deals and technology exchange, a minister revealed on Monday. The agreement was signed by Pindad and an Abu Dhabi-based logistical and mission support company Continental Aviation Services (CAS) on Sunday, reports The Jakarta Globe.
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 Pindad will share license for its SS2 assault rifle, which is currently in use in the Indonesian army |
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Foreign Minister Retno Marsudi said in a statement that the memorandum of understanding includes a licensing collaboration for Pindad's SS2 assault rifle and a deal to sell Pindad ammunition in the Middle East.
Meanwhile, CAS has agreed to cooperate with Pindad in sharing the technology of a remote weapon station (RWS) it is currently developing with Rheinmetall Canada. Both Pindad and CAS vowed to start the process to make an RWS under Pindad's brand and sell the RWS products. "We agreed to work together with Pindad as a special hub for our RWS product and sell it in Indonesia and [other countries in] Southeast Asia," said Juergen Fiebig, the CEO of CAS. According to data from the Foreign Ministry, the UAE is currently one of Indonesia's main export destinations in the Middle East. In 2014, Indonesia's trade to the UAE reached $4.25 billion, with Indonesia booking a surplus of $748 million. |
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