INDIAN ARMED FORCES CHIEFS ON
OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS
SP Guide Publications puts forth a well compiled articulation of issues, pursuits and accomplishments of the Indian Army, over the years
I am confident that SP Guide Publications would continue to inform, inspire and influence.
My compliments to SP Guide Publications for informative and credible reportage on contemporary aerospace issues over the past six decades.
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CORPORATE
Safran acquires Eaton Solutions business
Safran has completed the acquisition of the Aerospace Power Distribution Management Solutions and the Integrated Cockpit Solutions business of Eaton. The definitive agreement to acquire the businesses and the financial terms of the transaction were announced on January 20, 2014.
The business generated revenues of approximately $102 million and EBITDA in excess of $14 million in 2013. Aerospace Power Distribution Management Solutions account for around 60 per cent of the activity, and Integrated Cockpit Solutions around 40 per cent. The business employs approximately 350 people at manufacturing facilities in Costa Mesa, California, and Sarasota, Florida.
The business will be consolidated by Safran with effect from May 9, 2014. The Aerospace Power Distribution Management Solutions activities will be consolidated within the Aircraft Equipment business. The Integrated Cockpit Solutions activities will be consolidated within the defence business.
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