Yearly Archive: 2022

Embraer Sells Two Portuguese Subsidiaries to Aernnova

Embraer Sells Two Portuguese Subsidiaries to Aernnova

ÉVORA, Portugal — Embraer and Aernnova concluded today the strategic partnership agreement announced in early 2022. Therefore, Aernnova now owns all shares of Embraer Metálicas and Embraer Compósitos, in an investment totaling approximately US$ 174 million.

For Embraer, this partnership is anot…

Safran Develops Inertial Micro-Sensor Strategy

Safran Develops Inertial Micro-Sensor Strategy

PARIS — Safran Electronics & Defense is taking a major step forward in its inertial navigation strategy by grouping two subsidiaries, Safran Colibrys (Switzerland) and the recently acquired Sensonor (Norway,) under a single banner, Safran Sensing Technologies.

The similarities in expertise, mar…

Thales Completes Acquisition of RUAG Simulation & Training

Thales Completes Acquisition of RUAG Simulation & Training

PARIS — Thales completes the acquisition of RUAG Simulation & Training, including its 500 employees and with sales worth approximately €90 million in 2021.

The consolidation will complement Thales’s footprint in the land market in particular, meanwhile sustaining its field-proven expertise in h…

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