Romania and General Dynamics to work on Piranha 5 military vehicles

Newsroom 13/10/2017 | 10:21

The signed documents by the Ministry of Economy and General Dynamics European Land Systems (GDELS) are announcing a new sustainable strategic American-Romanian partnership that is in the interest of national security industry and army’s development, says the economy minister, Gheorghe Simon.

“The common manufacturing of the armored vehicle, Piranha 5, will be a great impetus for relaunching the production, as for development of the Bucharest Mechanical Plant (UMB) workers” said the Economy minister, Gheorghe Simion.

There will be two phases of the negotiation. In the first Phase, UMB will subcontract the local assembly and fabrication operations from GDELS so the first armored vehicles can be ordered, out of a total of 227 vehicles.

UMB will also make suggestions and the General Dynamics will choose up to 25 employees for its unity. The UMB employees will study at GDEL-Mowag, a business unit of General Dynamics Corporation.

In the second phase, GDELS will create a joint venture with the Romanian side to cover the rest of the orders.

Teodora Marinescu

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Newsroom | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue