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SP's MAI Issue No. 1 | January 01-15, 2012 - Corporate Updates

  • CORPORATE
    Safran and Thales sign optronics partnership agreement

    Through this joint venture Thales and Safran will be combing their respective areas of expertise in optronics, and expand their offering of products and services to cover emerging needs for new defence systems, including both modernisation programmes and original equipment.

  • CORPORATE
    General Dynamics acquires Force Protection

    General Dynamics has announced that it has completed the acquisition of Force Protection in a deal worth approximately $360 million.

  • CORPORATE
    Oricopa Millog subsidiary

    Patria’s subsidiary Millog Oy intends to acquire the company that comprises Oricopa Oy and business of Insta Def Sec Oy. The new company will continue to operate under the name of Oricopa Oy and become a fully-owned subsidiary of Millog Oy.

  • CORPORATE
    Tyco acquires Visonic of Israel

    Tyco International has completed the acquisition of Visonic Ltd, a developer and manufacturer of electronic security systems and components, for approximately $100 million in cash.

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