ST Engineering and IAI Set Up JV to Market Advanced Naval Missile Systems

July 15 2020 – Singapore Technologies Engineering Ltd (ST Engineering) today announced that its land systems arm has signed an agreement with Israel Aerospace Industries Ltd (IAI) to set up a joint venture company (JV) in Singapore, with ST Engineering and IAI each having a 50% share. The JV, named Proteus Advanced Systems Pte. Ltd., will leverage the strengths and track…

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