ROME, Sept. 7 (UPI) -- Italy's Leonardo-Finmeccanica and Polska Grupa Zbrojeniowa S.A. are to form a long-term strategic partnership in the defense and security market.
Under a letter of intent announced this week Leonardo will support the Polish concern with technology and products while PGZ will cooperate with Leonardo on industrial and logistic support activities.
Leonardo-Finmeccanica said significant technology will be transferred to PGZ to generate significant high-technology activities and job creation for the two companies in the years to come.
"The Letter of Intent signed with Leonardo–Finmeccanica enables us to examine and define areas of the possible industrial cooperation in terms of the wide range of products fulfilling the Polish and the export market requirements." – said Arkadiusz Siwko, chief executive officer PGZ. "We will seek to exchange know-how and technological capabilities, so we can cooperate in terms of research, development and production."
Added Mauro Moretti, chief executive officer and general manager of Leonardo: "This agreement defines a new era in the industrial relationship between Italy and Poland in the defense and security sector. I am convinced that in joining forces we will be able to offer the best solutions for our customers in terms of performance, operating costs and maintenance capability."
The two companies said their cooperation will include rotary wing platforms and services, land systems, naval systems, unmanned aircraft, fixed-wing systems and services, and space technologies.
