SP's MAI Issue No. 19 | October 01-15, 2012 - Corporate Updates
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CORPORATE
Saab setting up new marketsDefence and security company Saab is strengthening its business operations by setting up two new market areas – Europe & Greater Middle East as well as Nordic & Baltic – both starting January 1, 2013.
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CORPORATE
Raytheon joins hand with Monument Capital GroupRaytheon has entered into a distribution agreement with Monument Capital Group (MCG). Under the agreement, MCG will engage potential Indian partners to provide mass notification and non-lethal systems to solve challenging security problems and emerging safety requirements.
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CORPORATE
Atlas Elektronik now in CanadaThe Atlas Elektronik Group, a worldwide-acting company for maritime defence electronics, has founded a subsidiary in Canada.
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CORPORATE
Denel, Airbus sign agreementDenel and Airbus Military have signed an agreement with revised terms for manufacturing aircraft components on the A400M, in a development that will contribute significantly to the financial turnaround of the South African company.