PT Pindad to acquire European defense company

INDONESIA'S SUCCESS STORIES -- Indonesia's PT Pindad (Persero) will soon acquire a defense industry company in one of the European countries in the near future. Plans for the purchase of defense industry companies aimed to create high-tech development in the company.

"Acquiring a foreign company is not just merely a matter of purely business. But also the acceleration of high technology and supply chain they have, could become a new force to boost the quality of our products to be more competitive in the international defense industry, "said CEO of PT Pindad Silmy karim, said recently.



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