SP's MAI Issue No. 3 | February 1-15, 2016 - Corporate Updates
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CORPORATE
Mahindra, Airbus joint venture for military helicoptersTaking forward the memorandum of understanding signed in July, Mahindra Defence and Airbus Helicopters on January 24 inked a pact to form a joint venture to produce military helicopters in India.
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CORPORATE
Airbus Defence and Space and OneWeb join handsAirbus Defence and Space, the world’s second largest space company, and OneWeb, which is building a new global satellite communications system, announced the creation of OneWeb Satellites.
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CORPORATE
Rheinmetall Europe's leading producer of military vehiclesRheinmetall AG has decided to consolidate its defence unit’s extensive military vehicle activities in a new division called ‘Vehicle Systems’.
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CORPORATE
Thales and ASV strengthen partnership in the UKAfter successful trials on Halcyon unmanned surface vehicle, Thales and ASV strengthen their partnership. Both companies have signed an agreement to develop autonomous USV technology...
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CORPORATE
HAL bestowed with Raksha Mantri's awardsThe Prime Minister Narendra Modi laid the foundation stone for HAL’s new Helicopter Manufacturing Facility at Biderehalla Kaval, Gubbi Taluk, Tumakuru, about 100 km from Bengaluru recently.