Atlas Elektronik New Subsidiary in Korea

Sunday, October 25, 2009

The Atlas Elektronik Group continues on its course of expansion: The Germany based company sets up the subsidiary Atlas Naval Engineering Company (ANEC) in Yangsan City, Republic of Korea.

ANEC will be a design and development partner for the Korean Agency for Defence Development (ADD) and the Ministry of Defence. By establishing its subsidiary ATLAS intends to intensify its relationship with the Korean Navy and will also enhance its presence on the Korean market and towards its customers.

ANEC’s main tasks are the technical services, program management, marketing and sales, engineering support and In-Service-Support of existing Atlas systems in Korea. The subsidiary is already involved in the KSS-II 2nd Project and ATLAS is willing to take part in a successful implementation of the KSS-III Program. ANEC will set up a sustainable partnership with ADD and the Korean industry on future naval projects and by this will significantly contribute to enlarge the Atlas Elektronik group worldwide network.

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