Norway-based Kongsberg Defence & Aerospace has entered into an agreement with Finnish firm Patria to create new opportunities for cooperation on missile systems.
Under the deal, the companies will work on the development of a Missile Competence Centre in Finland, open tactical framework (OTF) core technologies and system architecture software for missile programmes in the country.
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The companies will also develop international opportunities linked to these capabilities.
Kongsberg Defence & Aerospace president Eirik Lie said: “I am very proud to sign this agreement with Patria on behalf of Kongsberg. We see interesting opportunities working together and are ready to share technology and competence in a long-term partnership with Patria.”
The new centre will focus on advanced missile system technology to help support the Finnish Defence Forces in supplying effective local security. It will also support industrial missile development activities with Kongsberg’s global customer base.
Patria president and CEO Olli Isotalo said: “This is only a starting point for a long-term cooperation on missile systems between Patria and Kongsberg.
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By GlobalData“Our goals are ambitious. Patria and Kongsberg join their industrial potentials in order to increase defence capabilities of both countries as well as support the economic development of our countries.”
The collaboration will enable the two companies to support new opportunities in missile systems and coastal defence systems. This will develop a long-term partnership with the Finnish and international markets.
In March 2016, Kongsberg acquired 49.9% shares in Patria.
