INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS

The insightful articles, inspiring narrations and analytical perspectives presented by the Editorial Team, establish an alluring connect with the reader. My compliments and best wishes to SP Guide Publications.

— General Upendra Dwivedi, Indian Army Chief

"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"

— Admiral Dinesh Kumar Tripathi, Indian Navy Chief

Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.

— Air Chief Marshal A.P. Singh, Indian Air Force Chief

       

 

Safran acquires Eaton Solutions business

Issue No. 10 | May 16-31, 2014

Safran has completed the acquisition of the Aerospace Power Distribution Management Solutions and the Integrated Cockpit Solutions business of Eaton. The definitive agreement to acquire the businesses and the financial terms of the transaction were announced on January 20, 2014.

The business generated revenues of approximately $102 million and EBITDA in excess of $14 million in 2013. Aerospace Power Distribution Management Solutions account for around 60 per cent of the activity, and Integrated Cockpit Solutions around 40 per cent. The business employs approximately 350 people at manufacturing facilities in Costa Mesa, California, and Sarasota, Florida.

The business will be consolidated by Safran with effect from May 9, 2014. The Aerospace Power Distribution Management Solutions activities will be consolidated within the Aircraft Equipment business. The Integrated Cockpit Solutions activities will be consolidated within the defence business.