BAE Systems evaluates partnership opportunity for DMD GROUP
25 Nov 2005
A team of engineers from BAE Systems, one of the worlds leading producers of land and armaments systems, is evaluating the suitability of a gun turret manufactured by DMD GROUP in Trencin, Slovakia for integration onto a variety of fighting vehicles worldwide.
During the past year, UK-based BAE Systems has built significant capability in the fast growing land systems sector through the acquisitions of the former Alvis (UK) and United Defense (USA) combined with its own RO Defence.
With a global presence spanning the US, UK, Sweden and South Africa, BAE Systems new Land and Armaments operating group delivers a wide range of integrated battlefield systems and military vehicles. According to John Barter, BAE Systems director for the Slovak Republic, this offers Slovak companies, such as DMD, a number of potential business opportunities.
Helping our partner companies achieve export success for their products and capabilities forms an important part of our work with any customer, states Barter. Identifying mutually beneficial business opportunities creates a win-win situation and helps sustain jobs in an increasingly tough business environment.
BAE Systems, which has an office in central Bratislava and is the only foreign member of the Slovak Defence Manufacturers Association, is one of only two companies remaining in the competition to provide a new mobile communications system for the Slovak armed forces.
The company hopes to conclude its evaluation of the DMD turret during the early part of 2006.
About BAE SYSTEMS
BAE Systems is an international company engaged in the development, delivery, and support of advanced defence and aerospace systems in the air, on land, at sea, and in space. The Company designs, manufactures, and supports military aircraft, combat vehicles, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. It is a pioneer in technology with a heritage stretching back hundreds of years and is at the forefront of innovation, working to develop the next generation of intelligent defence systems. BAE Systems has major operations across five continents and customers in some 130 countries. The Company employs over 90,000 people and generates annual sales of approximately 14.8 billion through its wholly owned and joint-venture operations.
For further information, please contact:
Barney OKelly BAE Systems
Tel: +44 (0) 1252 384717
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