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Friday, September 27, 2013

U.S.-sanctioned Chinese firm wins Turkey missile defense system tender

FD-2000 (HQ-9)NATO member Turkey has chosen a Chinese defense firm that has been sanctioned by Washington to co-produce a $4 billion long-range air and missile defense system, rejecting rival bids from Russian, U.S. and European firms.

The Turkish defense minister announced the decision to award the contract to China Precision Machinery Import and Export Corp (CPMIEC) in a statement on Thursday.

In February, the United States announced sanctions on CPMIEC for violations of the Iran, North Korea and Syria Nonproliferation Act.

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