SP's MAI August 16-31, 2011 - Corporate Updates
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CORPORATE
EADS’ Astrium to acquire VizadaEADS has agreed to a $960 million deal by its space subsidiary, Astrium, to buy satellite communications provider Vizada as part of its drive to diversify into business services and expand in the US market.
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CORPORATE
BAE Systems robust resultsBAE Systems has said that though the headline sales was lower at GBP 9.2 billion (2010: GBP 10.6 billion), the performance was robust considering the challenging environment.
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CORPORATE
L-3 announces second quarter resultsL-3 Communications Holdings has reported a 16 per cent increase in diluted earnings per share (diluted EPS) to $2.26 for the quarter ended July 1, 2011, compared with $1.95 for the same period in 2010.
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CORPORATE
Eurocopter and Mahindra sign MoUMahindra Aerospace and Mahindra Satyam – representing the aerospace manufacturing and engineering capabilities of Mahindra Group – has signed a memorandum of understanding (MoU) with Eurocopter.
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CORPORATE
Saab divests share in C3Defence and security company Saab AB has agreed to divest its shares, corresponding to 57.8 per cent on a fully diluted base, in the 3D mapping company C3 Technologies AB (C3).
