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Romarm signs EUR 8.5 million defense contract with Morocco

October 2013 - From the Print Edition

Weapons manufacturer Romarm signed an EUR 8.5 million expertise contract with the National Defense Administration of the Kingdom of Morocco in late September, according to Ministry of Economy officials. The contract will run until next spring, providing the charging of full production capacity of Uzina Mecanica Cugir. The agreement also opens up opportunities to provide other products: complete weapons systems and ammunition. With a holding structure, Romarm is the biggest operator in the defense industry with state capital and is under the direct coordination and administration of the Ministry of Economy, in terms of research, development, production and marketing of military products and equipment.



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