Tawazun Precision Industries enters supply chain agreement with Italian technology provider

Abu Dhabi, Feb 20, 2013 (WAM) - During its presence at IDEX this week, Tawazun Precision Industries (TPI), the precision manufacturer and subsidiary under the Tawazun group, has announced that it has entered an agreement with the Italy-based Selex ES firm. The partnership is a supply agreement with Italian Finmeccanica company, Selex ES, which delivers electronic and information technologies for defence systems, aerospace, data, infrastructures, land security and protection, and sustainable 'smart' solutions. TPI will manufacture various components related to Selex ES's RF Seekers, a fundamental component in the MBDA IT Marte/Otomat missile family. The contract between Selex ES and TPI is supported by MBDA, and is considered to be the first step towards further collaboration in the future. By manufacturing complex machined parts for Selex ES's SM-1S and ST-2S seekers, TPI will acquire specific expertise in RF seeker production that will pave the way for further joint business opportunities in both the UAE and abroad. In the near future, the deal will allow the two companies to consider extending their collaboration to any future evolutions of the Marte seeker family. This is the first time in its history that, for this particular technology, the Italian company has outsourced its manufacturing. TPI acts as both a manufacturer and a service centre to a number of UAE-based operating companies and agents, as well as internationally renowned organisations delivering components to the oil '&' gas, aerospace and defence sectors. - Emirates News Agency, WAM