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Eurosatory 2018 : Barzan and Safran sign partnership agreement for electro-optical and navigation solutions.
Barzan Holdings and Safran Electronics & Defense announced today that they have signed a Memorandum of Understanding (MoU) to jointly develop the foundations of a partnership in the defense and other high-tech sectors, focused on electro-optical and navigation solutions.
Safran at Eurosatory 2018 is showing its new solutions on inertial navigation domain (Picture source Army Recognition)
Today's MoU is a first step towards a future collaboration based on the creation of joint companies. Working together, the two companies could develop joint solutions addressing the needs of Qatar's armed forces and the region.
The agreement between Barzan and Safran provides for joint R&D and production operations to benefit the Qatar defense industry. In particular, it will support the armored forces for the Qatari Ministry of Defense.
Through this partnership, Barzan and Safran will explore all opportunities in electro-optical and inertial navigation equipment to be used in defense and other high-tech applications in both domestic and regional markets.
This joint initiative by Barzan Holdings and Safran extends the strategic partnership between Qatar and France.