URGENT: Rosoboronexport, Thales sign cooperation memorandum

ST. PETERSBURG, June 26 (RIA Novosti) - Russia's state arms exporter Rosoboronexport and France's Thales Group agreed on Friday to promote jointly developed naval equipment on global markets.

"Today, Rosoboronexport and the Thales company signed at the International Naval Show in St. Petersburg a memorandum on cooperation in the sphere of naval equipment," said Mikhail Bychkov, a Rosoboronexport official.