ANKARA — Turkish defense electronics specialist Aselsan and US Honeywell have signed a memorandum of understanding to generate a framework for future collaboration, Aselsan said in a statement Friday.
The statement from Turkey's biggest company said: "[Aselsan and Honeywell] signed a memorandum of understanding on the third day of the IDEX 2015 Exhibition at Abu Dhabi."
It said that the agreement sets forth a pathway for collaboration on avionics products for both civilian and military industries.
It also said: "To ensure that the cooperative work to be undertaken by the companies proceeds efficiently, the parties have agreed to establish a Steering Committee to ensure regular meetings as well as dedicated Working Groups to execute the collaborative efforts."
Aselsan says its business focuses on in-house critical capabilities, state-of-the-art technologies and sustainable research and development.
The company, listed on the Istanbul Stock Exchange, primarily engages in design, development, production, system integration, modernization and after sales services in the fields of military communication systems, professional communication systems, radar and electronic warfare systems, electro-optical systems, avionic systems, defense and weapon systems, C4ISR systems, naval combat systems, transportation systems, security systems, and energy and power management systems.