Identification of Market and Development Opportunities and Potential Technology Transfer

During EXPODEFENSA in Bogota this week, Leonardo and CODALTEC (Corporacion de alta tecnologia para la defensa – High Technology Defence Corporation) signed a Memorandum of Understanding (MoU) under which the two organizations will work together to identify potential projects and business opportunities in Colombia.

As part of the agreement, the companies will promote air defence systems, C4I solutions, cyber security and national infrastructure protection systems.

The partners will evaluate collaboration opportunities and working structures for identified Colombian programmes in accordance with customer requirements. They will also define and develop strategies for cooperative work aimed at meeting the requirements of potential clients in-country.

The main areas of collaboration will include the evaluation of market opportunities and the identification of joint opportunities, as well as possible knowledge and technology transfer to the Colombian Ministry of Defence and CODALTEC in the context of cooperative activities. The two companies will also look to participate jointly in tenders issued by national and international governments and non-governmental customers.

Leonardo has been active in Colombia in recent years, providing air traffic control systems, helicopters and defence systems. This MoU will enhance the company’s longstanding relationship with the country.

CODALTEC is a Colombian high-tech company and research centre. It promotes development in several areas of technology in order to support Columbian industry and strengthen the scientific and technological capabilities underpinning the nation’s civil and defence sectors, including in dual application technologies.