Thales, Cotecmar strengthen partnership
Thales has renewed its partnership agreement with Colombia’s Cotecmar to cooperate on capabilities for the Colombian defence industry.
The deal, which continues a partnership originally established in 2015, will see the companies work together to evaluate new opportunities in the naval sector, including combat systems, command and control capabilities, communication and information systems, sonars and radars.
Cotecmar leads a number of scientific and technological development projects for the Colombian Navy. Working with Thales and the company’s naval equipment, systems and services portfolio, will allow the companies to develop requirements for the Colombian Navy and the wider Latin American market.
Jorge Enrique Carreño Moreno, Cotecmar, said: ‘This partnership with Thales is a great opportunity to reinforce the support to the Colombian Navy, promoting the development of new projects. Our mission, as a science and technology corporation, is to transfer knowledge in the offer of value represented and deliver high impact solutions to serve the country and the region.’
More from Defence Notes
-
What capabilities could the US supply to Saudi Arabia under the $142 billion deal?
Multiple questions involving the largest US Foreign Military Sale in history remain unanswered.
-
Leonardo CEO urges “speed as important as money” as joint ventures progress picks up
The company’s Q1 2025 results showed a 20% increase in new orders and a 15% increase in revenue across the business.
-
Rheinmetall vehicle sales almost double as European companies see continued growth
Results for Q1 2025 have been strong across the board for many defence companies in Europe with forward-looking statements and predictions for the full year also looking good.
-
Why is the defence market “exploding exponentially” for autonomous targeting capabilities?
Solutions that identify, engage and destroy targets with minimal or no human intervention are becoming critical on tomorrow’s battlefield.
-
Companies post mostly rosy results but warn of potential dark clouds
First quarter 2025 results have been dropping for companies in the past week but many of the US results come with a health warning in their forward-looking aspects about the potential impact of actions by the Trump administration.
-
Spain unveils new multi-billion euro defence investment plan
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.