From Jane's 360 (May 30, 2019): Japanese, Philippine firms to set up defence optics facility
Jon Grevatt, Bangkok - Jane's Defence Weekly
Key Points
Companies from Japan and the Philippines have agreed to establish a facility in the latter country to manufacture optics equipment for the Armed Forces of the Philippines (AFP).
The agreement, contained in a list of accords announced during Philippine President Rodrigo Duterte's visit to Japan, which ends 31 May, is believed to be the first time a Japanese company has agreed to set up a defence-related production plant in a foreign country.
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https://www.janes.com/article/88957/japanese-philippine-firms-to-set-up-defence-optics-facility
Jon Grevatt, Bangkok - Jane's Defence Weekly
Key Points
- The proposed manufacturing plant will focus on supplies of optics for the Philippines' military and police
- The new agreement represents a milestone for Japanese industry investing in international defence markets
Companies from Japan and the Philippines have agreed to establish a facility in the latter country to manufacture optics equipment for the Armed Forces of the Philippines (AFP).
The agreement, contained in a list of accords announced during Philippine President Rodrigo Duterte's visit to Japan, which ends 31 May, is believed to be the first time a Japanese company has agreed to set up a defence-related production plant in a foreign country.
[Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihsmarkit.com/janes]
https://www.janes.com/article/88957/japanese-philippine-firms-to-set-up-defence-optics-facility