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Russia & Armenia will establish joint ventures in Mil. Ind. complex

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  • Russia & Armenia will establish joint ventures in Mil. Ind. complex

    DEFENSE and SECURITY (Russia)
    September 30, 2011 Friday

    RUSSIA AND ARMENIA WILL ESTABLISH SOME JOINT VENTURES IN THE MILITARY
    INDUSTRIAL COMPLEX


    Senior Deputy Defense Minister of Armenia David Tonoyan reports that
    Russia and Armenia will establish joint ventures for repair and
    technical maintenance of armament and military hardware. According to
    him, first of all, this is applicable to armored vehicles, air defense
    systems and helicopters made in Russia, as well as the fleet of UAZ
    cars. The already established joint venture KAMAZ-Armenia will repair
    and maintain the truck fleet of the Defense Ministry. The minister
    adds that entrance of several companies of Armenia into
    Russian-Belarusian financial industrial group Defense Systems is
    discussed too.

    Source: RIA Novosti, September 28, 2011

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