SP's MAI Issue No. 10 | May 16-31, 2014 - Corporate Updates
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CORPORATE
Mubadala takes control of Piaggio AeroAbu Dhabi-based investment and development company Mubadala has become the majority shareholder in Piaggio Aero, the Italian manufacturer of the fast turboprop the Avanti II and the Hammerhead UAS.
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CORPORATE
Thales Alenia Space expands in Europe with British subsidiaryThales Alenia Space announced that it is further expanding its presence in Europe with the creation of a new British subsidiary, Thales Alenia Space UK.
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CORPORATE
Northrop Grumman to expand investment in FloridaNorthrop Grumman Corporation (NOC) announced it is making additional new investments in its Melbourne-based Manned Aircraft Design Centre of Excellence.
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CORPORATE
Safran acquires Eaton Solutions businessSafran has completed the acquisition of the Aerospace Power Distribution Management Solutions and the Integrated Cockpit Solutions business of Eaton.