SP's MAI Issue No. 10 | May 16-31, 2012 - Corporate Updates
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CORPORATE
Sikorsky, Terma to explore additional potential collaborationsSikorsky Aircraft and Terma have announced that the memorandum of understanding (MoU) signed in February 2010...
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CORPORATE
Rafael invests in a Brazilian aerospace companyThe Israeli defence company Rafael Advanced Defense Systems announced the acquisition of a 40 per cent stake in the Brazilian aerospace company GESPI Aeronautics, deepening its position in the growing Brazilian homeland security and defence market.
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CORPORATE
Saab expands ties with AEL Sistemas S/A of BrazilIn connection with Saab’s Gripen NG proposal to Brazil the Defence and Security Company, has expanded its planned cooperation with Aeroeletronica Ltda (AEL) of Brazil and now also includes development, production and long term logistics of the Gripen NG avionics package.
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CORPORATE
Kratos to acquire Composite EngineeringKratos Defense & Security Solutions, a leading national security solutions provider in US, announced that it has entered into a definitive agreement to acquire 100 per cent of the stock of Composite Engineering, Inc.
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CORPORATE
Tom Herring is now CEO at AeroVironmentAeroVironment has announced a realignment of its senior management team to support its growth plans. The company promoted Senior Vice President and UAS General Manager Tom Herring to the newly established position of Chief Operating Officer.