Joint Ventures | Al Defaiya

Joint Ventures

Rheinmetall Acquires Verseidag Ballistic Protection
2011-01-12 Read More...
The Rheinmetall Group announced it is now the sole owner of Verseidag Ballistic Protection GmbH of Krefeld, Germany, a leading producer of advanced civilian and military protection equipment. Rheinmetall had already acquired a 51% stake in the

Curtiss-Wright Acquires Predator Systems
2011-01-11 Read More...
Curtiss-Wright Corporation announced that it has acquired Predator Systems Incorporated (PSI) for $13.25 million. PSI designs and manufactures motion control components and subsystems for ground defense, ordnance guidance and aerospace

UAE’s Burkan Munitions Gets $272m Loan
2011-01-06 Read More...
Abu Dhabi's Burkan Munitions Systems said it has received a Dh1 billion ($272 million) credit facility to expand its production lines and upgrade its ammunition testing

Raytheon to Acquire Applied Signal Technology
2010-12-24 Read More...
Raytheon announced it has signed a definitive acquisition agreement with Applied Signal Technology, a leader in the collection and processing of communications signals to support tactical and strategic intelligence

Kaman Acquires Global Aerosystems
2010-12-15 Read More...
Kaman Corporation announced that its subsidiary Kaman Aerospace Group, Inc. has completed the previously announced acquisition of Global Aerosystems, LLC (Global) of Everett,

Saab and Systematic Sign Cooperation Agreement
2010-11-26 Read More...
Defense and Security Company Saab and Systematic signed a non-exclusive cooperation agreement within the high echelon Command, Control and Information System (CCIS) market

Sage & Kazakhstan Engineering: JV for Drones
2010-11-06 Read More...
Sage (Safran group) and Kazakhstan Engineering, a Kazakh state-owned company, signed a Memorandum of Cooperation concerning tactical drone

Rheinmetall Acquires Laingsdale Engineering
2010-10-14 Read More...
The Defence arm of the Düsseldorf-based Rheinmetall Group continues to expand its foothold in South Africa. Rheinmetall has agreed to buy Laingsdale Engineering (Pty) Ltd of Maitland from the South African company Tellumat (Pty) Ltd of Cape Town.

FLIR Acquires ICx Technologies
2010-10-07 Read More...
FLIR Systems, Inc. announced it has successfully completed its previously announced acquisition of ICx Technologies, Inc. for $7.55 per share, representing an aggregate purchase price of $268 million, or an enterprise value of $232 million including

Harris in JV with Atlas Telecom
2010-10-01 Read More...
Harris Corporation and leading Middle East telecommunication systems and security provider Atlas Telecom announced the launch of a new joint

L-3 Acquires 3Di Technologies
2010-09-26 Read More...
L-3 Communications acquired 3Di Technologies, LLC (3Di). 3Di provides highly specialized end-to-end secure satellite communications utilized by forward-deployed United States special operations and in-theater

Tognum in Joint Venture with Norinco
2010-09-13 Read More...
Tognum, the specialist for propulsion and power solutions, and China North Industries Group Corporation (Norinco) held a ceremony in the Chinese city of Datong this past week to mark the opening of a joint undertaking involving the assembly of

Mubadala & Sikorsky in $800m JV
2010-07-19 Read More...
Abu Dhabi state investment group Mubadala and US-based United Technologies plan to set up a $800 million military aircraft maintenance and repair joint venture in Al

Rheinmetall Completes Simrad Optronics' Takeover
2010-07-08 Read More...
Rheinmetall AG of Düsseldorf, Germany, completed its takeover of Simrad Optronics ASA of Notteroy, Norway.

Nexter-L&T Form Consortium
2010-06-25 Read More...
At Eurosatory 2010, Nexter Systems of France and Larsen & Toubro (L&T) of India signed a Consortium Agreement for 155 mm Mounted Gun Artillery program for the Indian Army. Nexter Systems will be the leader of the

EADS-Atlas Maritime Merger
2010-06-24 Read More...
EADS Defense & Security and Atlas Elektronik said they were merging their respective subsidiaries Sofrelog and Atlas Maritime Security to form the joint venture company Sofrelog Atlas (SA) Maritime

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