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.