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INDUSTRY TEAMINGS

13 Jun 07. BAE Systems has formed a partnership with Landstuhl Hospital Care Project, (LHCP) a private sector, volunteer-run, non-profit organization that provides comfort and relief items for military members who become sick, injured, or wounded from service in Iraq, Kuwait, and Afghanistan. Landsthul Regional Medical Center (LRMC) is the first-stop for definitive care – with facilities in Germany and field hospitals in Afghanistan and Iraq.

12 June 12, 2007. Northrop Grumman Corporation and Science Applications International Corporation announced a plan to restructure their joint venture, AMSEC LLC (AMSEC), by dividing the company along customer and product lines. AMSEC is a full-service supplier that provides engineering, logistics and technical support services primarily to Navy ship and aviation programs. Under this restructuring, Northrop Grumman’s Newport News sector will retain the ship engineering, logistics and technical services businesses under the AMSEC name. SAIC will receive the aviation, combat systems and strike force integration services businesses from AMSEC. These businesses include AMSEC’s subsidiary Eagan, McAllister Associates, Inc. (EMA), a command, control, communications, computers, intelligence, surveillance and reconnaissance, information technology and naval aviation support services firm, which will become a wholly owned subsidiary of SAIC and part of SAIC’s Defense Solutions Group. In addition, SAIC will receive AMSEC’s Strike Force Systems and Integration Division (SSI), which provides combat systems (including Aegis), integration, training, and engineering support to a number of major Navy customers and which will also be integrated into SAIC’s Defense Solutions Group following completion of the restructuring.

10 Jun 07. Elbit Systems is set to enter India. Elbit will partner Hindustan Aeronautics Ltd (HAL) and Merlin Hawk Associates Pvt Ltd to make parts and accessories for aircraft. It will also focus on design, development, marketing and support of simulators and training systems. Elbit will pick up a 26 per cent stake in the joint venture. The company is targeting military and commercial customers. The joint venture will cater to the Indian Armed Forces and HAL aircraft development programmes. According to regulations, up to 26 per cent foreign direct investment— including NRI investment — in defence-related industries is permitted with prior government approval. This, however, is subject to licensing under the Industries (Development & Regulation) Act, 1951 and other guidelines on FDI in production of arms and ammunition in the Press Note 4 (2001 series) and Press Note 2 (2002 series). The Foreign Investment Promotion Board has cleared the joint venture proposal of HAL and Elbit. (Source: Google)

11 Jun 07. Iridium® Satellite today announced that Astrium Services, a subsidiary of EADS Astrium, has signed an agreement to become a value-added reseller (VAR) of Iridium satellite communication equipment and services. Under the VAR agreement, Astrium Services is authorized to package Iridium-based satellite voice and data solutions for a wide range of international defense and commercial customers. Greg Ewert, executive vice president of Iridium Satellite, said, “EADS is a major powerhouse in the international aerospace and defence industry, and this VAR agreement will leverage Iridium’s product portfolio across Astrium Services’ commercial and military business units to a global market.”

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