ST Kinetics and Otokar to Ink Cooperation Agreements
(Source: ST Kinetics; issued Sept. 30, 2003)
Singapore Technologies Kinetics (ST Kinetics) and Otokar Otobus Karoseri Sanayi A. S. (Otokar) will sign Cooperation Agreements to co-develop a new Terrex 8 x 8 armoured infantry fighting vehicle prototype and to market the Bronco All Terrain Tracked Vehicle to the Turkish Land Forces.

The agreements, which follow from earlier Memorandums of Understanding, will be signed tomorrow at a ceremony held during the 6th International Defence Industry, Aerospace and Maritime Fair (IDEF 2003) where both companies are co-participating. The show is based in Ankara, Turkey, from 30 September to 3 October 2003.

The agreement on the Terrex (called Yavuz in Turkish, meaning “robust and forceful”. It is also the name of an Ottoman Sultan.) provides the framework for joint collaboration on design, manufacturing and agreement on marketing rights with regards to the Terrex. The collaboration will enhance ST Kinetics’ competitive edge in marketing the vehicle globally. The development of the Terrex has drawn extensive interest from strategic partners around the world.

The second agreement with Otokar sets the basis for marketing ST Kinetics’ Bronco All Terrain Tracked Vehicle (called Sakarya in Turkish, named after the city where Otokar’s manufacturing plant is located) to the Turkish Land Forces.

Both companies believe that both Yavuz and Sakarya have tremendous potential in meeting the requirements of the Turkish Armed Forces:

“We aim to be the first among the Turkish Defence Industry to offer a wide array of world class products. The cooperation with ST Kinetics complements our 4x4 platforms and armoured vehicle capabilities, which are deployed by major users abroad. Otokar’s experience in the design and production of armoured vehicle with state of the art equipment and ST Kinetics’ know-how will make the Yavuz and Sakarya both very succesful projects,” said Kudret Önen, General Manager, Otokar

“We welcome the opportunity to work with Otokar and in co-developing and customizing Yavuz for a potential requirement. It has been a fruitful and encouraging co-operation, and we are grateful for the chance to prove our competency and to widen our marketing network through alliances around the world,” said Patrick Choy, Chief Marketing Officer, ST Kinetics

The Yavuz is ST Kinetics’ second 8x8 wheeled prototype, built to represent a new class of vehicles that is air-deployable, fast, mobile, reliable and survivable. Its mission-driven and modular design allows for larger payload and greater potential for technology insertion and customisation for various combat requirements. It is incorporated with the ability to negotiate difficult terrain, and is built with the capability for deep fording. Following the exhibition, the Yavuz will be put through gruelling tests in different terrain and and under different climate conditions in Turkey. Yavuz is scheduled to be offered to the Turkish Land Forces for trials in 2004.

The Sakarya is ST Kinetics’ first articulated tracked carrier, currently in service in the Singapore Armed Forces. Plans are underway to market the Sakarya to address Turkish requirements for superior mobility in difficult terrain such as mud, swamps and deep snow.

The Yavuz and Sakarya are on display at IDEF 2003.

ST Kinetics is the land systems arm of ST Engg. It provides design and engineering services for both commercial and military vehicles and related products, ranging from manufacturing, upgrading, repair and maintenance to complete life cycle management. It also provides component and sub-system design and development, and laboratory and industrial test services.

ST Engg is an integrated engineering group specialising in the fields of aerospace, electronics, land systems and marine. Headquartered in Singapore, the Group has over 11,500 employees worldwide and sales of about S$2.6 billion in FY 2002. ST Engg is one of the ten largest companies listed on the Singapore Exchange with a market capitalisation of about S$5 billion.

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