ANKARA, 4-3-2015 — /EuropaWire/ — ASELSAN, Turkey’s leading defense company, and Honeywell, a Fortune 100 company active in both civilian and military domains in the global market, have signed a Memorandum of Understanding on the third day of the IDEX 2015 Exhibition at Abu Dhabi (UAE) to generate a framework for collaboration. The agreement that matured upon effective dialogue between the companies sets forth a pathway for collaboration on avionics products for both civilian and military industries.
To ensure that the cooperative work to be undertaken by the companies proceeds efficiently, the parties have agreed to establish a Steering Committee to ensure regular meetings as well as dedicated Working Groups to execute the collaborative efforts. Besides the collaboration topics that have been defined in the agreement, the parties have agreed to explore further opportunities to expand the extent of cooperation between the companies.
About ASELSAN
Aselsan is Turkey’s leading defence company holding a well established reputation focusing on in-house critical capabilities, state-of-the-art technologies and sustainable research & development. Aselsan serves as a technology center in design, development, production, system integration, modernization and after sales services in the fields of Military Communication Systems, Professional Communication Systems, Radar and Electronic Warfare Systems, Electro-Optical Systems, INS and Avionic Systems, Defence and Weapon Systems, C4ISR Systems, Naval Combat Systems, Transportation Systems, Security Systems, Energy and Power Management Systems, Toll Collection and Traffic Management Systems. Powered by a fast increasing rate of global exports and an annual turnover continually exceeding the billion dollar benchmark, Aselsan is consistently ranked among the hundred largest defence companies in the world. More information about Aselsan is available at www.aselsan.com.
About Honeywell
Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft, and its turbochargers are used by nearly every automaker and truck manufacturer around the world. The Aerospace business unit develops innovative solutions for more fuel-efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics, and more. The business delivers safer, faster, and more efficient and comfortable transportation-related experiences worldwide. For more information, visit www.honeywell.com or follow@Honeywell_Aero and @Honeywell_Turbo.
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