Sea Platforms

IDEF 2017: Pakistan's KSEW signs LoI with Turkey's STM for local construction of Ada-class corvettes

11 May 2017

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.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options:

(147 of 253 words)