What is it?Licensed Production Agreement • August 6th, 2020
Contract Type FiledAugust 6th, 2020Licensed production is where a company’s product is manufactured under contract by a company in another country. At its simplest, parts purchased from the vendor are assembled in the buyer country; at its most advanced, a weapon’s design, along with the expertise of engineers, is purchased and the equipment built in its entirety in the buyer country.