2/24/2011

Turkey seals largest single defense export deal with Malaysia

Today’s Zaman - Turkish and Malaysian defense companies have signed a deal, worth USD 600 million, making it Turkey's largest single sale in defense industry exports.

Turkish defense industry firm FNSS signed a deal in Ankara on Tuesday with Malaysia's DEFTECH to sell armored combat vehicle frames to the Malaysian armed forces. Under the deal, FNSS will sell 257 armored carrier frames for the Pars 8x8 to Malaysia. The Pars 8x8 armored vehicle will be redesigned by Turkish and Malaysian engineers, and the vehicles will be produced locally in Malaysia. The deal is important for the Turkish defense industry, since it is the largest single sale in defense industry exports.

Turkish Defense Minister Vecdi Gonul and his Malaysian counterpart, Ahmad Zahid Hamidi, also participated in the signing ceremony. In an earlier agreement between FNSS and DEFTECH, FNSS sold 211 armored personnel carriers to the Malaysian armed forces. Malaysian companies also have several agreements for cooperation in the defense industry with Turkish companies MIKES, TUSAS and GATES.
turkey; malaysia; turkish defense; defense industry; fnss; tusas; mikes; armored vehicle; pars afv; vecdi gonul

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