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Ukraine state company Ukroboronprom to form JV with French defense giant Thales

Thales O-NYX night vision binoculars (Photo by Thales via WikiCommons, CC 2.0)

Ukraine's state defense company Ukroboronprom and French multinational aerospace and defense corporation Thales have signed a memorandum to establish a joint venture.

The agreement was signed on the sidelines of the Munich Security Conference, Ukraine's Ministry of Defense said.

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