On the 16th, Welkron is Indonesia's state-run defense company PT.It said it has signed a memorandum of agreement (MOA) with PINDAD to supply mine protection kits for wheel-type armored vehicles.
Through this MOA, Welkron has PT based on its own armoured vehicle protection technology.We have established a supply cooperation system with PINDAD. Shin Jung-jae, president of Welcron, said, "Wellcron's protection technology and product competitiveness are meaningful achievements recognized by overseas state-owned defense companies."
PT.PINDAD is an Indonesian state-owned defense company that develops and produces a variety of ground weapons systems, including military vehicles and armored vehicles, as well as personal firearms and ammunition, leading the Indonesian military modernization project. In accordance with the Indonesian government's recent policy to strengthen defense capabilities, the military modernization project has expanded, and cooperation with advanced defense technologies abroad is also being actively promoted.
Since 2018, Welcron Defense Headquarters has signed a contract with the Defense Acquisition Program Administration to deliver personal protective bulletproof panels, and has also supplied additional gloves for wheel-type armored vehicles, bulletproof panels for high-speed boats and high-speed up-and-down ships, and bulletproof panels for small tactical vehicles to major defense companies in Korea. There is also an engine grill protective louver performance that protects armored vehicles and self-propelled artillery internal systems from enemy firearms. The sales of Welcron's defense headquarters increased year by year, accounting for about 25% of Welcron's total sales last year.
Shin Jung-jae, president of Welcron, said, "With this cooperation, we will further expand business opportunities in Southeast Asian markets including Indonesia and take a leap forward as a global protection company."
