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SP's MAI August 16-31, 2011 - Corporate Updates

  • CORPORATE
    EADS’ Astrium to acquire Vizada

    EADS has agreed to a $960 million deal by its space subsidiary, Astrium, to buy satellite communications provider Vizada as part of its drive to diversify into business services and expand in the US market.

  • CORPORATE
    BAE Systems robust results

    BAE Systems has said that though the headline sales was lower at GBP 9.2 billion (2010: GBP 10.6 billion), the performance was robust considering the challenging environment.

  • CORPORATE
    L-3 announces second quarter results

    L-3 Communications Holdings has reported a 16 per cent increase in diluted earnings per share (diluted EPS) to $2.26 for the quarter ended July 1, 2011, compared with $1.95 for the same period in 2010.

  • CORPORATE
    Eurocopter and Mahindra sign MoU

    Mahindra Aerospace and Mahindra Satyam – representing the aerospace manufacturing and engineering capabilities of Mahindra Group – has signed a memorandum of understanding (MoU) with Eurocopter.

  • CORPORATE
    Saab divests share in C3

    Defence and security company Saab AB has agreed to divest its shares, corresponding to 57.8 per cent on a fully diluted base, in the 3D mapping company C3 Technologies AB (C3).

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