Ukroboronprom, Babcock sign cooperation agreement to expand Ukrainian Navy capabilities
Ukroboronprom State Concern and Babcock International Group have signed a cooperation agreement to expand the capabilities of the Ukrainian Naval Forces, Ukrinform reports, referring to Ukroboronprom’s press service
The document provides for cooperation and joint implementation of Ukrainian naval projects in the framework of Ukraine’s Naval Capabilities Enhancement Program (UNCEP).
“I expect that the implementation of the signed agreement will significantly enhance possibilities and national military capability of the Ukrainian fleet. And our cooperation shall become a driver for the revival of Ukraine’s shipbuilding industry,” Yuriy Husyev, General Director of Ukroboronprom State Concern, said.
It is noted that signing the cooperation agreement will allow further development of a tripartite Memorandum of Implementation, signed in Odesa on June 21 by Ukraine’s Defense Ministry, the UK Government and Babcock, which confirmed Babcock as the designated prime industrial partner for both countries.
Babcock International is an international group of companies operating in aerospace, defense and security industries. It has extensive experience in implementing large-scale projects in the field of naval shipbuilding.