Log in to use our free company, program and sector update tracker feature.
 

Front page

Elbit Systems and Sagem to establish a joint venture for tactical UAS

Elbit Systems Ltd. (Nasdaq and TASE: ESLT) and Sagem Defense Securite S.A. (Safran group) announced the signature of a MoA (Memorandum of Agreement) regarding the intended establishment, by early 2011, of an equally owned joint venture for the tactical unmanned aircraft systems (UAS) market for France and designated international markets, in which existing initiatives will continue through the JV.

The intended joint venture will be a French corporation, located in Eragny and Montluçon (France). It will be formed by the equal contributions of assets from the two parent companies.

The new company's portfolio will comprise newly developed products, as well as current and derivative products, from Sagem and Elbit Systems.

The new company will be able to offer a wide range of products for the tactical UAS market.

Concurrently, Elbit Systems is fully committed to the continued growth of U-Tacs (UAV Tactical Systems Ltd.), its joint UK company with Thales and to the successful execution of the Watchkeeper program, including the support of Thales offer to supply Watchkeeper systems to France.

Press release issued by Elbit Systems Ltd on September 15, 2010

 

 Contact details from our directory:
Elbit Systems Ltd Airframer
Safran Electronics & Defense Airframer
UAV Tactical Systems Ltd (U-TacS) Airframer

 

 Related aircraft programs:
Elbit Hermes 450/Watchkeeper

Enhanced listings:


Redcliffe Precision Ltd
Aerospace Multi Axis CNC Precision Manufacturers & Thread Rolling Specialists.

Titanium Industries Inc.
Specialty metals solutions, supplying performance metals for critical aerospace applications

Attwater Group
Attwater are manufacturers and machinists of thermoset, high pressure composite sheets to recognised international standards.

Oerlikon Balzers AG
Oerlikon Balzers is one of the world’s leading suppliers of surface technologies

TE Wire & Cable LLC
A premier thermocouple and specialty wire and cable manufacturer providing high-quality wire to the temperature measurement market since 1941.

See our advertising tariff.

 

8
data pages remaining in monthly quota for non-subscribers

© Airframer Limited, operated under licence by Stansted News Limited 2018. Terms & Conditions of reading. Privacy policy