Date: Issue 69 - August 2016
STM has achieved major success as it was awarded the submarine modernization tender initiated by Pakistan’s Ministry of Defense Production against the company which has built the submarines. Thus, engineering exports will be initiated in Turkey for the first time in the field of submarines, a field that calls for advanced technology.
STM has marked major success in being awarded the international tender that was initiated for the half-life modernization of class “Agosta 90B” submarines in the inventory of Pakistani Naval Forces; competing against the French company which designed and built the submarines themselves. Covering a total of 3 submarine modernization orders; 1 of which is confirmed in addition to 2 orders on an optional basis; the contract was signed on 22 June 2016 in Rawalpindi/Pakistan; between Pakistan’s Ministry of Defense Production and STM; under the supervision of officials from the Embassy of Pakistan in Turkey and the Undersecretariat for Defense Industries.