BERN, Switzerland and HAIFA, Israel (BulgarianMilitary.com) – Last week the Swiss company RUAG and the Israel-based international defence electronics company Elbit Systems announced the signing of a Memorandum of Understanding between the companies to form a Joint Venture Company, learned BulgarianMilitary.com

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The new entity will be established in Switzerland with a joint team comprised of experts from both companies, who have already started their work in collaboration.

The CEO of RUAG Defence, Andreas Berger, commented, “We at RUAG Defence are looking forward to working with Elbit Systems and we are convinced that this collaboration will allow us to support the Swiss Army with our proven competence and professionalism.”

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The Joint Venture Company will allow the companies to synergize and leverage their respective competences and in this way it will serve as a national Communication and System Competence Centre of Excellence in support of the needs and requirements of the Swiss Federal Department of Defence, Civil Protection and Sport (DDPS). In addition, it will act as a knowledge centre for the purposes of the companies’ joint efforts with regard to a DDPS’ communication program of the Swiss Defence Ministry and other joint endeavours in the future.

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“It is a privilege to be in a position to offer technologically advanced and operational solutions for the Swiss Armed Forces. We are proud to join forces with RUAG and believe that this collaboration will strengthen local support and engineering capabilities through transfer of knowhow,” said the Senior Vice President at Elbit Systems C4I & Cyber Haim Delmar.

About RUAG

The Swiss company RUAG develop and produce innovative products and services for customers all over the world and which are used on land, in the air and in space. The core business of RUAG Defence includes products and services for tracked and wheeled vehicles, realistic training for soldiers and reliable information and communication infrastructures, as well as protection solutions to counter ballistic and electromagnetic threats. Besides its sites in Switzerland, the company has branch offices and sales offices in France, Germany, Singapore and the Middle East, including partnerships all over the world.

About Elbit Systems

Elbit Systems is an international high technology company headquartered in Israel. It operates in the areas of aerospace, land and naval systems, C4ISR, unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios and cyber-based systems.

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Source: RUAG, Elbit Systems