SP's MAI Issue No. 21 | November 01-15, 2012 - Corporate Updates
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CORPORATE
Bharat Dynamics pays highest dividendS.N. Mantha, Chairman and Managing Director, Bharat Dynamics Limited (BDL) presented a dividend cheque of Rs. 47 crore for the financial year 2011-12 to the Defence Minister A.K. Antony recently.
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CORPORATE
GE Aviation ties up with Brazilian maintenance companiesA 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
Saab to acquire MedavDefence and security company Saab AB has acquired 100 per cent of the German company Medav, specialised in the application of signal processing, pattern recognition and information technology, for approximately MEUR 27 (about MSEK 229).
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CORPORATE
Cassidian to provide TETRA radio communication system to Jaipur MetroCassidian, an EADS company, and its Indian system integrator partner Fibcom India Ltd. have been selected to provide digital TETRA radio communication coverage for the new Jaipur Metro Rail in Rajasthan.