UVZ Corporation and French company SAGEM DefenseSecurite (a member of SAFRAN Group) have signed a Strategic Partnership Agreementin the presence of Prime Minister of the Russian Federation Dmitry Medvedev and Prime Minister of France Jean-Marc Ayrault.
The parties have agreed on organizing a long-term strategic partnershipconcerning usage of optonicequipment and other high-tech products produced by SAGEM DefenseSecuritefor UVZ armoured vehicles and artillery systems.
The Agreement was signed by CEO of UVZ Mr.Oleg Sienko and Executive Vice-President, International of SafranMr. Bruno Cotté.
The agreement was signed within the confines of Memorandum of Agreement dated July 27,2012.
During the Agreement signing ceremony the top-managers of Uralvagonzavod and Safran Group expressed mutual interest in long-term strategic partnership and thanked each other.
OJSC «Research and Production Corporation «URALVAGONZAVOD» (UVZ)is a Russian corporation that integrates over 30 industrial enterprises, R&D establishments and design engineering bureaus in Russia and Europe. It develops and manufactures military equipment, road-building machinery and railway vehicles.
SAGEM DefenseSecurite (a member of SAFRAN Group)is a high-tech company, holds European and world leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications.