The agreement will allow the company to bid for the new High Mobility Launcher System (SILAM) program for the Spanish Army, with the production of the ASTROS Missile and Rocket Artillery System, which is combat-proven and well established in the world defence market.
The technology transfer of the system foreseen in the cooperation will depend on the needs of the Spanish government, and the intellectual property will remain at Avibras’ headquarters in Brazil.
In addition to focusing on its economic and financial recovery to increase its participation in the international market, Avibras is adopting a series of strategies and actions to become even more competitive, including the establishment of strategic partnerships to further strengthen its portfolio of high value-added products and further explore export opportunities to expand its presence in the global market.