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Czech firms can directly participate in the U.S. public tenders

24-04-2012 U.S. Defense Secretary Leon Panetta and Czech Defense Minister Alexandr Vondra signed a "Reciprocal Procurement of Defense Equipment and Services Agreement" during a NATO meeting in Brussels on April 18.

The deal allows Czech defense industry firms to directly participate in public tenders by the U.S. Defense Department. So far, Czech firms could only become subcontractors for U.S. companies.

"The agreement reaffirms the importance and vitality of the U.S.-Czech defense relationship and enhances our cooperative security relationship," said U.S. Defense Secretary Leon Panetta in his remarks.

Accordinng to Czech Defense Minister Alexandr Vondra, the deal is of "key significance" for the Czech defense industry. „It is a major step forward in Czech and U.S. Defense Equipment co-operation,“ added Leon Panetta.