The Arab Organization for Industrialization and The Armored Group, LLC Team Up to Strengthen Middle East/U.S. Security
PHOENIX, Nov. 1, 2018 /PRNewswire/ -- The Arab Organization for Industrialization (AOI) and The Armored Group, LLC (TAG) today announced a strategic alliance to enhance Middle East security, combat terrorism, create jobs in the U.S. and Egypt and improve the quality and safety of armored vehicle products throughout the region. This is the first time in AOI's 43-year history, they are considering having a partner in their defense sector.
The alliance is expected to strengthen ties between the U.S. and Egypt, elevate manufacturing standards inside Egypt and cement TAG as a Global leader in the production of armored vehicles worldwide.
The alliance, the first for AOI, builds on each organization's strengths to:
- Establish a strong manufacturing presence in Egypt to produce armored/specialty vehicles for use by civilian and defense forces throughout the Middle East.
- Integrate industry-leading technology into armored vehicles used by Egyptian defense forces to combat terrorism and provide internal security.
- Educate/train Egyptian workers to build world-class vehicles for use throughout the Middle East.
"Today's alliance highlights the importance of utilizing international expertise in the field of defense industries. It creates investment opportunities in modern industrial fields and leads to industrialization, transfer and localization of technology inside Egypt," said Abdul Moneim, Chairman of AOI. "This partnership enhances cooperation between the U.S. and Egypt and expands the industrial marketplace in the Middle East and strengthens long-term relations between Egypt and the United States."
Robert Pazderka, President and CEO of TAG, said, "This is a historic opportunity for TAG to build a significant manufacturing presence inside Egypt and promote world-class armored vehicles for use by civilian and military agencies throughout the Middle East. Egypt is a pivotal market for the U.S. and this alliance allows TAG to promote American manufacturing products and standards. The cooperation between the U.S. and Egypt has made this alliance possible and hope to see more mutually-beneficial opportunities between our two countries come to fruition."
This alliance is due in part to President Trump's positive relationship with Egypt and discussions between Trump and Egyptian President Abdel-Fattah el-Sissi's during his first trip to the White House. According to Reuters, both leaders desire closer ties to "set the tone for a new era of warmer U.S.-Egyptian ties to foster more military and political support."
SOURCE The Armored Group, LLC
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