Thursday, February 24, 2011

Turkey's FNSS wins huge arms deal.


Thanks Jonathan for the article!

via Today Zaman.com
Turkish and Malaysian defense companies have signed a $600 million deal, 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 8x8 Pars 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.
I knew the PARS 8x8 looked familiar and the full article points to the US corporation GPV.