Saab and ST Engineering (Singapore Technologies Engineering) has signed a Memorandum of Understanding (MoU) at Defence and Security Equipment International (DSEI), London on Sept 13, 2023.
The MoU signifies both companies’ intent to further strengthen their relationship and collaboration with each other so as to explore opportunities in markets of mutual interest, the companies said Sept 13.
“This signing of the MoU is the result of 30 years of cooperation between Saab and ST Engineering. The partnership will see both companies co-creating ‘best of breed’ technological solutions for our customers, both locally and internationally. We look forward to a deeper collaboration that will surely benefit both parties,” Dean Rosenfield, Senior Vice President and Chief Marketing Officer at Saab said.
“ST Engineering has a longstanding working relationship with Saab, and we believe that we can deepen this partnership, to collaboratively address opportunities not only in each other’s home market, but also the larger global market, leveraging on each other’s strengths and market positions,” Mr Chua Jin Kiat, Executive Vice President and Head of International Defence Business, Defence and Public Security Cluster said in the statement.
ST Engineering has been a partner for Saab in the area of naval, underwater, radar and missile programmes in Singapore for over 30 years. The signing of the MoU is a testament of the trust and long-standing relationship between both companies. Through this collaborative agreement, both companies will expand the partnership and explore opportunities in areas of Radar Integration and Support, Air Defence System Integration, Unmanned Systems, Training and Simulation and Autonomy.
Headquartered in Singapore, ST Engineering is a multinational technology and engineering group in the aerospace, smart city as well as defence and public security sectors. –saab/adj/mhi (Pix: Saab)