Russian and French Firms to Jointly Market Naval Equipment

28 June 2009 (Last Updated June 28th, 2009 18:30)

Russia's state arms exporter Rosoboronexport and French electronics company Thales have signed an agreement to market jointly developed naval equipment internationally at the International Naval Show in St Petersburg, Russia. According to reports in Russia, both companies have signed a me

Russia's state arms exporter Rosoboronexport and French electronics company Thales have signed an agreement to market jointly developed naval equipment internationally at the International Naval Show in St Petersburg, Russia.

According to reports in Russia, both companies have signed a memorandum of cooperation for the naval equipment sector.

The new deal would combine the export capabilities of both companies to promote future projects, including the Russian-built 20382 Tiger Class corvettes.