SP's MAI Issue No. 20 | October 16-31, 2012 - Corporate Updates
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CORPORATE
Termination of talks on possible merger of BAE Systems and EADSFollowing the announcements made by BAE Systems Plc and EADS N.V. on September 12, 2012 in relation to a possible combination of their businesses through a dual listed company structure, BAE Systems and EADS announce that they have decided to terminate their discussions.
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CORPORATE
Lockheed Martin to form two new business areas of electronic systemsWith a continuing focus on lean and efficient operations, Lockheed Martin Corporation today announced it will reorganise its Electronic Systems business area into two new business areas that position the company for growth by increasing customer alignment and reducing costs.
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CORPORATE
Carl Zeiss Optronics becomes Cassidian OptronicsCassidian has acquired a majority shareholding in what was previously Carl Zeiss Optronics GmbH from Carl Zeiss AG. Cassidian now holds a 75.1 per cent stake in the new company, which has its headquarters in Oberkochen, Germany, while Carl Zeiss AG holds 24.9 per cent.
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CORPORATE
Northrop Grumman offers free mobile app for defence logisticiansA mobile app developed by Northrop Grumman Corporation that quickly calculates transportation requirements for large quantities of operational rations is available for free through the Apple App Store.
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CORPORATE
Acquisition to expand Austal’s defence support capability in Asia-PacificRecognising the growing significance of Asia-Pacific to United States and Australian defence forces, Austal has entered into agreements to substantially expand its capability in Darwin, Australia, through the acquisition of Hydraulink NT and its associated business KM Engineering (HKME).
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CORPORATE
Intergraph Government Solutions partners with Carahsoft for geospatial solutions reseller channelIntergraph Government Solutions (IGS) has partnered with Carahsoft Technology Corporation as a value-added reseller of Intergraph products to provide geospatial software to the US Federal Government expanding product options for government agencies and programme leadership.
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CORPORATE
Rheinmetall sets up Australian unitRheinmetall Defence is expanding its presence in Australia with the newly founded subsidiary Rheinmetall Simulation Australia Pty Ltd. The new company underscores its commitment to providing customers with comprehensive advice and support in all aspects of simulation and training technology.
