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SP's MAI Issue No. 17 | September 01-15, 2012 - Corporate Updates

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    CORPORATE
    Saab appoints Lars-Olof Lindgren to lead India business

    Saab has announced the appointment of Lars-Olof Lindgren as head of Market Area India from December 1. Lars-Olof Lindgren is the former ambassador of Sweden to India; he held that position for five years before joining Saab. Lars-Olof Lindgren’s experience and relationships with the Indian and Swedish governments and industries will further reinforce Saab’s long-term commitment to the Indian market.

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    CORPORATE
    DCNS profitable growth continues

    DCNS performed very well during the first half of 2012. “Our growth was in line with our target to double Group revenue between 2010 and 2020.

  • CORPORATE
    General Dynamics acquires two companies - Fidelis and Gayston defence unit

    General Dynamics has completed its previously announced purchase of Fidelis Security Systems, Inc., a market leader in cyber security tools that provide real-time network visibility, analysis and control.

  • CORPORATE
    Saab strengthens position in India

    Defence and security company Saab has signed a MoU (memorandum of understanding) regarding a strategic investment in the Indian company Pipavav Defence and Offshore Engineering Co Ltd. In conjunction to this the companies have signed a technical partnership agreement (TPA).

  • CORPORATE
    Restructuring of Denel to sustain the business turnaround

    Defence manufacturer, Denel, has initiated a realignment of companies in the group that will lead to savings, increased efficiencies and more effective corporate governance.

  • CORPORATE
    Navistar names Lewis B. Campbell Executive Chairman and Interim CEO

    Navistar International Corporation has appointed Lewis B. Campbell, former Chairman, President, and Chief Executive Officer of Textron Inc., Executive Chairman of the Board of Directors and interim Chief Executive Officer.

  • CORPORATE
    Dr Andreas Schwer on Executive Board of Rheinmetall Defence

    Dr Andreas Schwer, 46, joins the Executive Board of Rheinmetall Defence, the defence technology arm of the Düsseldorf-based Rheinmetall Group.

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