Ares

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  • Finmeccanica and the Kazakhs
    Posted by Christina Mackenzie 7:59 PM on Nov 09, 2009

    Italian aerospace and defense company Finmeccanica has signed a memorandum of understanding with the Kazakh industrial and financial state holding company Samruk-Kazyna for a series of agreements covering helicopters, railways and electro-optics and battle tank upgrades.

    The agreement provides for the use of SELEX Galileo electro-optics systems to upgrade the T72 tank for use by the Kazakh armed forces and for foreign markets, Finmeccanica says in a statement.

    An estimated 130 Italian companies currently do business in Kazakhstan, with bilateral trade valued at $13 billion a year. I wonder what language they do business in?

    Tags: ar99, Kazakhstan, Finmeccanica

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