Paramount Group, the global aerospace and technology company and PT PINDAD, the state-owned defence company of Indonesia, announced the signing of a Memorandum of Understanding (MOU) for the local development, industrialisation and joint marketing of armoured vehicle systems for the Indonesian armed forces.
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| The MOU provides for the development, local industrialisation and joint marketing of next generation armoured vehicle systems, in response to the local requirements of Indonesian armed forces (Picture source: Paramount Group) |
