RUSSIA’S CONCERN PVO ALMAZ-ANTEY TO SIGN CONTRACT WITH ARMENIA ON REPAIR OF AIR DEFENSE WEAPONS

/ARKA/
APRIL 13, 2012
YEREVAN

YEREVAN, April 13. /ARKA/. Russia’s largest defense holding Concern
PVO Almaz-Antey will sign a contract with the Armenian side on repair
of air defense weapons, Valery Semerikov, deputy secretary general of
the Russia-led Collective Security Treaty Organization (CSTO) said in
Yerevan today after a meeting of CSTO inter-agency commission. He said
the contract will most likely be signed in the second quarter of 2012.

Almaz-Antey comprises over 60 military enterprises, research
institutions and design bureaus engaged in development and production
of anti-aircraft missile systems of small, medium and long-range and
basic types of radar intelligence and automated control systems.

Semerikov said a lot of work was done over the last two years after
the signing of the memorandum on military and technical cooperation
between Armenian defense ministry and Russia’s Federal Service for
Military-Technical Cooperation.

Semerikov also recalled that on April 11 a machine-tool plant in
Armenian Charentsavan and Russian Scientific and Production Corporation
Uralvagonzavod signed an agreement whereby the Russian company will
help set up a center for repair of armored military vehicles.

He said the agreement will create new jobs, foster closer integration
and bring here new technologies for servicing, repair and manufacture
of military products. The center will significantly reduce the time
of repair and restoration of equipment and increase Armenia’s defense
capabilities, he said.

From: Emil Lazarian | Ararat NewsPress