Saab strengthens position in India
Defence and security company Saab has signed a MOU (Memorandum of Understanding) regarding a strategic investment in the Indian company Pipavav Defence and Offshore Engineering Co Ltd. In conjunction to this the companies have signed a Technical Partnership Agreement (TPA). The TPA is a continuation of an ongoing co-operation between the two parties and covers details about the format for further co-operation and relevant projects.These agreements are a step in Saab’s strategy to increase the presence in an important and large market and offer business possibilities for several parts of the