SAAB: Gripen Opens up for Norwegian-Swedish Helicopter Cooperation.STOCKHOLM, Sweden -- Saab AB (STO:SAABB) and Heli-One AS in Norway have today signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. regarding the international helicopter support market. The possible future Norwegian procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of the Gripen fighter aircraft fighter aircraft Aircraft designed primarily to secure control of essential airspace by destroying enemy aircraft in combat. Designed for high speed and maneuverability, they are armed with weapons capable of striking other aircraft in flight. has paved pave tr.v. paved, pav·ing, paves 1. To cover with a pavement. 2. To cover uniformly, as if with pavement. 3. To be or compose the pavement of. the way for a co-operation between Heli-One and Saab to capture future contracts for helicopter support in the Nordic countries. This MoU is the latest example of an increased collaboration between Swedish and Norwegian industry. The two companies, Saab and Heli-One have already begun to explore mutual business opportunities. One possible approach is to promote the Heli-One Stavanger facilities in Norway as the preferred center for training, maintenance and logistic support Noun 1. logistic support - assistance between and within military commands logistic assistance support - the activity of providing for or maintaining by supplying with money or necessities; "his support kept the family together"; "they gave him emotional of the NH90 helicopters for the Swedish Defense Forces. "Saab Aerotech and Heli-One have participated in several discussions regarding more intensified in·ten·si·fy v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies v.tr. 1. To make intense or more intense: collaboration and we are very pleased to now have this agreement in place", states Lars-Erik Wige, President of the Saab Aerotech. "Since we started our discussions with the Norwegian authorities regarding the Gripen fighter, we have seen an enormous interest among Swedish and Norwegian companies This is a list of Norwegian companies operating as of 2004, and historical companies. Operating
"Heli-One has a long standing record in providing training, maintenance and logistic support to both commercial and military helicopter operators worldwide. Swedish Defence Forces is already a major customer of Heli-One regarding support of their Super Puma helicopters. In order to capture new business opportunities from our Swedish customer as well as for other helicopter operators, we see this partnering with Saab as a major step", states Jens Korte, Managing Director of Heli-One (Norway) AS. Heli-One is a division within the CHC Helicopter CHC Helicopter Corporation (sometimes known as Canadian Helicopter Corporation, Canadian Helicopters or Hélicoptères Canadiens) (TSX: FLY.SV.A TSX: FLY.MV.B NYSE: FLI) is the world’s largest global commercial helicopter operator. Corporation Group and provides helicopter maintenance and logistic support for CHC's fleet of helicopters and for civil and military operator's world wide. Heli-One (Norway) AS is a company in the Heli-One group and is located in Stavanger, Norway. Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs. This information was brought to you by Waymaker http://www.waymaker.net |
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