Monday, April 13, 2015

Yerevan Explores Deals With Italian Defense Firms

Defense Minister Seyran Ohanian and top executives of several Italian defense firms have reached tentative agreements on a joint manufacturing of military equipment, Armenia's Defense Ministry said on Monday.

According to a statement released by the ministry, Ohanian toured the offices of those firms during a visit to Italy late last week. "Given the mutual interest in developing cooperation in the area of defense industry, understandings were reached on the implementation of a number of joint projects," it said.

According to the statement, it was also agreed that the two sides will exchange visits of "specialized groups" that will visit each other's defense enterprises and then submit "proposals regarding production, modernization and maintenance of weapons and military hardware."

Armenian News

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