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16 January, 1998
US ambassador in Athens Nicholas Burns yesterday visited the facilities of the Intrakom Corp. in Paiania, outside Athens, focusing on the company's activities in the sectors of communications, informatics, network management and defense applications.
Discussions with Intrakom founder and president Socrates Kokkalis also included the company's intentions regarding closer cooperation with US companies and its expansion on the other side of the Atlantic with the buy-out of a small firm specializing in software for major telecommunications concerns.
Although nothing was officially announced by the company, sources told ANA that during the meeting progress was made towards an agreement with Northrop-Grumman, the second largest US defense contractor, and that an agreement will be officially announced at the end of January.
The two companies' cooperation will concern joint production of electronic defense systems, particularly the flying E-2C radars, which will be extensively used by the Greek military.
Intrakom last month signed an agreement for the manufacturing of wireless sets for the Hellenic Army, worth 14 billion drachmas.
Source: Athens News Agency
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