FEINDEF 2019: John Cockerill and Abengoa sign Memorandum of Understanding.

On May 31, 2019, Abengoa, through its innovation area, and John Cockerill, through its Spanish subsidiary John Cockerill España SL, announced today the signing of a Memorandum of Understanding that foresees the establishment of a Joint Venture company in Spain to provide products and services to the Spanish Armed forces and to selected export markets.

John Cockerill and Abengoa have signed an MoU, which creates a deeper anchorage of John Cockerill in Spain (Picture source: Army Recognition)

Abengoa, through its innovation area, and John Cockerill, through its Spanish subsidiary John Cockerill España SL, announced today the signing of a Memorandum of Understanding that foresees the establishment of a Joint Venture company in Spain to provide products and services to the Spanish Armed forces and to selected export markets. Abengoa and John Cockerill have collaborated successfully in the past in other industrial sectors such as energy and this initiative is designed to take the collaboration into new fields of endeavors. Abengoa and John Cockerill España are combining their respective expertise in electronic projects for defense systems in military vehicles, in order to consolidate a new world player in the defense systems industry.

For Abengoa, the signing of this agreement represents an opportunity for participating in high technological projects and, while increasing its product portfolio and potential customers. As a result, Abengoa will have the chance to open new business areas more quickly and a commitment to the defense market in Spain. Thierry Renaudin, President of John Cockerill Defense, added: “Establishing a Joint Venture company with Abengoa fits perfectly into our international expansion strategy that is designed to serve important new customers such as the Spanish Armed Forces – with Abengoa we will rapidly establish a major footprint in Spain and in other markets by providing our unique modular turret systems.

The new company will be established in Spain and will address the future needs of the Spanish armed forces and of armed forces elsewhere in the world.

John Cockerill displays its Series 3000 turrets at FEINDEF 2019 (Picture source: Army Recognition)

Visit of a Spanish Army delegation headed by its Vice Chief of Staff, Martin Bernardi, on John Cockerill's stand at FEINDEF 2019 (Picture source: Army Recognition)