Pakistan's Karachi Shipyard & Engineering Works Limited (KSEW) has signed a letter of intent (LOI) with Turkish defence engineering firm Savunma Teknolojileri Mühendislik ve Ticaret (STM) for the local construction of four Ada (MILGEM)-class corvettes for the Pakistan Navy.
The LOI was signed on 10 May at the 2017 IDEF defence exhibition in Istanbul in a ceremony presided over by Turkish defence minister Fikri Isik and Pakistan's minister for defence production, Tanvir Hussain, according to a statement issued by the Turkish Defence Industries Undersecretariat (SSM).
The final agreement for KSEW's production of the Ada-class corvettes, which is set to constitute one of the biggest-ever Turkish defence industry export deals, is expected to be signed in Pakistan on 30 June, according to the SSM statement.
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