Egelion

[Louis]

After hinting at future cooperation years back during a meeting in Metz-Leonid, members and companies of the Egelian defense sector are in Gemun to discuss a multi-billion dollar deal to invest in the naval forces of Bianjie. The deal involves some of Egelion's largest companies such as: Novantica, Grupo Ortega, and the well-established Banco Cascabel-Otienda. The aforementioned companies are set to help Gemun formalize a sound and stable naval procurement program to create new naval fleets for the nation's armed forces. Novantica is Egelion's largest naval and industrial company to date. Their entire goal in Gemun, according to CEO Veronica Valenzuela, is to make purchases of vessels available to Bianjie and to provide them with expertise to create their own shipbuilding sector.

The program will be under Novantica-Gemun, a new subsidiary of the main company, who will operate in Bianjie to help guide new construction efforts. Cascabel-Otienda, Egelion's largest bank and company, already established in Bianjie will provide several financial options for the nation, given that the projects is expected to reach the 6 billion Crown price tag. Of the project, the goal is to create one large amphibious assault and transport vessels for Bianjie, as well as 3 different frigate models and 2 destroyers. Each of these ships is expected to be built in Bianjie's own dockyards to help improve employment rates and keep expanding the Bianjian industrial sector. The CEO's of Grupo Ortega, Novantica, and Cascabel-Otienda released the news to the press outside of Novantica's headquarters in Altea this afternoon. All three CEO's agreed that the commitment to Bianjie's national defense was a goal for Altea and a necessity from King Artemio. This moves does come alongside the news of Xsampa's own military expansion with Egelion. Altea's commitment to security in Dovani does not come out of nowhere as a rising Vascania threatens peace and stability in the region. Cascabel-Otienda has stated that work on these vessels is expected in the next three months with a final time table of 5 years for total completion. "We expect this project to not only help Bianjie, but give the two nations a sense of self-sustained security and cooperation between Dovani and Keris.

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