Zastava Arms Signs $30 Million Tech Transfer Deal with Azerbaijan

24 02 2011

The management of Zastava Arms and authorities in Azerbaijan have signed a contract on the transfer of Zastava’s arms-making technology to that former Soviet republic.

Under the contract, Zastava Oruzje will build and equip a $30 million dollar infantry weapons factory in Azerbaijan over the next three years.

This is the first export arrangement entered this year by the Zastava arms factory, which, according to announcements, should be signing several other contracts on arms deliveries to foreign partners.

In March, Zastava Oruzje will be signing a contract with the Defence Ministry on the delivery of about 400 million dinars’ worth of infantry weapons to the Army of Serbia.

Advertisements

Actions

Information

One response

24 02 2011
The 34th Massachusetts Infantry Regiment | FM Boston Radio

[…] Zastava Arms Signs $30 Million Tech Transfer Deal with Azerbaijan … Bookmark To […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: