The JV, named Proteus Advanced Systems, will market and sell advanced naval missile systems, including a next generation anti-ship missile system.
SINGAPORE (July 15): Singapore Technologies Engineering (ST Engineering) and Israel Aerospace Industries (IAI) have entered into an agreement to set up a joint venture company (JV) in Singapore.
The agreement, which was signed by ST Engineering’s land systems arm on Wednesday, will see the company and IAI each having a 50% share in the JV company.
