SP's MAI Issue No. 16 | August 16-31, 2012 - Corporate Updates
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CORPORATE
Bowman to lead ReconRobotics’ Asia-Pacific Business DevelopmentReconRobotics, Inc., the world leader in tactical micro-robot systems has announced that John Bowman has been named the Director of Business Development for the Asia-Pacific region.
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CORPORATE
Mahindra and Telephonics joint venture agreementMahindra & Mahindra Ltd., one of India’s leading business houses, and Telephonics Corporation (Telephonics) announced that they signed a definitive agreement to form a joint venture (JV) to be called Mahindra-Telephonics Integrated Systems.
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CORPORATE
Rolls-Royce and Snecma to initiate joint combat engine studiesRolls-Royce, the global power systems company, and Snecma (Safran Group) have signed a contract with the UK Ministry of Defence to undertake studies into the next generation of UK and French combat aircraft engines, through their 50:50 Rolls-Royce Snecma Ltd joint venture, established in 2001.
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CORPORATE
Cobham increases presence in BrazilCobham has officially launched into the Brazilian market by the opening of a new subsidiary in São Paulo. Cobham do Brasil Ltda will provide a basis for Cobham Tactical Communications and Surveillance to develop relationships and a foundation for active engagement with customers and partners in the public and private sectors.