Saab (Saab Kockums AB) and ST Engineering’s Marine business entered into a Memorandum of Understanding on the inaugural day of the International Maritime Defence Exhibition (IMDEX) in Singapore.
With the inking of the MoU, Saab Kockums will collaborate with ST Engineering within the areas of basic and detailed design, Composite Superstructure and build of ships in the international market.
Daniel Oscarsson, Head of Business Unit Surface Ships at Saabs Business Area Kockums said: “By jointly offering a wider range of products or services in co-operation with ST, we see great opportunities for new business agreements. Together, we can deliver unique integrated solutions, enhanced customer experiences and differentiated customer value propositions”
“As we continue to expand our footprint in the maritime sector, we are pleased to build upon our strong partnership with Saab Kockums. This partnership positions us to jointly pursue new business opportunities that reflect our technical excellence in the advanced design and construction of specialised vessels,” said Harris Chan, Head of International Business and Head Naval and Maritime Security Services, ST Engineering.
With the MOU, both companies will build on their long-standing collaboration companies in ship building in Singapore. It also signals their strengthened commitment to exploring opportunities across markets of mutual interest.
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