FNSS has signed an export agreement with Saudi Arabia

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FNSS Savunma Sistemleri A.Ş. has signed an export agreement with a Middle Eastern Country, worth of $360 million. Country name is kept confidential. The deal includes modernisation of M113 armoured combat vehicles. FNSS manufactures armoured vehicles and modernises vehicles for same country and this deal is its sixth agreement. FNSS made a written statement and declared M113 vehicles that will be modernised by FNSS will perform better than already modernised other M113 vehicles in other countries. With this agreement, FNSS’ exports to Middle Easter countries overpasses $ 1 bn and FNSS gets one step closer to its $ 500 million yearly income target.

New export success from record breaker

 

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Here few years on, M113 modernized to A4 standard

 

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