31 Mar '17, 12pm

French, Indonesian naval firms extend submarine study

PARIS — French naval defense specialist DCNS and Indonesian shipyard PT PAL have extended cooperation on studies for a potential order and local assembly of submarines for the Asian nation, the French president’s office said. “The memorandum of understanding (MoU) covers the extension of an existing agreement (which expired in December 2016) between PT PAL and DCNS on an industrial cooperation with a view to an Indonesian acquisition of submarines,” the Elysée office said March 29. The agreement was among those signed during a visit to Jakarta by the French head of state, François Hollande. DCNS Chairman Hervé Guillou and PT Pal director Firmansyah Arifin signed the memorandum. Other agreements included a letter of intention on defense cooperation, signed by the respective defense ministers, and a letter of intent signed by Airbus Defense and Space and local partner PT Pel...

Full article: http://www.defensenews.com/articles/french-indonesian-nav...

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