Airbus Defence and Space has signed an agreement to sell its 49 percent share in Atlas Elektronik Group to Thyssenkrupp AG based in Essen, Germany.
With this acquisition, Thyssenkrupp, which to date has held a 51 percent share in the company, will become the sole owner of Atlas Elektronik, the company announced today.
The sale of its shares in Atlas Elektronik, a supplier of maritime technology, is part of Airbus Defence and Space’s divestment program which will allow it to focus on its core business.
Airbus Defence and Space has delivered to the German Air Force its first A400M transport aircraft qualified for tactical operations and able to fly in areas subject to military threats. The aircraft is the sixth A400M in German service and the first with the new capabilities in addition to the world-leading performance of all A400Ms as strategic transports
Airbus-built C-295 has been selected by Canada to serve as the next fixed-wing search-and-rescue aircraft to replace the countrys fleet of aging C-130s and Buffalo planes under a potential $2.3 billion contract
Norwegian oil group Statoil will not use Airbus Super Puma helicopters despite European Aviation Safety Agency (EASA) lifted flight ban. "We have no plans of using this type of helicopter again," company spokesman Morten Eek told AFP, confirming reports in the Norwegian newspaper Stavanger Aftenblad Tuesday
Airbus Helicopters has delivered first three of 11 AS565 MBe Panther helicopters to Indonesia at the companys headquarters in France. The delivery took place ahead of contract schedule, follows the contract signed in late 2014 with PT Dirgantara Indonesia for 11 AS565 MBe helicopters
The company named kta Naval Systems will develop, produce and maintain combat systems as an exclusive supplier for submarines from thyssenkrupp Marine Systems. This was announced during an official founding ceremony in Kongsberg, Norway, in the presence of high-ranking German and Norwegian Government officials as well as company representatives of all three partners, Kongsberg said in a statement Monday “This is the starting point for a broader cooperation between European states in the procurement of submarines
Atlas Elektronik UK (AEUK) has a won £48 million (US$62.2 million) contract for the supply and support of Common Workboats for the UKs Ministry of Defence (MoD) over a six-year period
Atlas Elektronik UK (AEUK) has won a first order to provide its maritime autonomous mission system for an anti-submarine warfare (ASW) application. As part of this contract, for an undisclosed naval customer in the Middle East, the company will deliver two optionally manned ARCIMS ( Atlas Remote-Combined Influence Minesweeping System) vehicles
Airbus which was single bidder in a 2013 Indian MoD RFP to sell medium military transport planes continues to be hopeful to bag the multi-million dollar contract. “As part of the Avro replacement programme of the Ministry of Defence (India), Airbus will support Tata Advanced Systems Limited (TASL) in setting-up a final assembly line for the C295W in India, once the contract is awarded
The French ministry of defense has selected Engie Ineo and Airbus to deliver a high-availability communications network to control French Air Force's air operations. This eight-year contract signed with the French defence procurement agency (DGA) is part of the DESCARTES programme, the Airbus Defence And Space announced Monday
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