MOU between Havelsan and Environics

Havelsan Hava Elektronik Sanayi Ve Ticaret A.Ş., Turkey and Environics OY, Finland today signed Memorandum of Understanding (MoU) as they wish to co-operate in order to identify and develop mutual opportunities for CBRN Sector in Turkey.
According to this MoU Havelsan and Environics intend to establish a new and jointly owned Joint Venture entity in Turkey. Before entering to Joint Venture agreement Havelsan and Environics will finalize a business plan and market analysis for CBRN sector together.
The scope of the intended Joint Venture co-operation will include identifying opportunities, carrying out pre-sales actions, preparing technical and commercial offers and supporting such proposals until contract award and collaborating in the execution of such awarded contracts and identifying working conditions