Sagem Défense Sécurité (Safran Group) has signed an agreement with a view to acquire the naval and ground business of Les Ulis site, part of the EADS Defence & Security Systems’ defence electronics business. The EADS Defence & Security Systems’ Les Ulis Naval and Ground business, which is located in the Paris region of France, specializes in the design and commercialization of electronic and optronic naval and land equipment.
In 2005 it had total revenue of approximately €23 M and employs 100 people, who will join Sagem Défense Sécurité’s Optronics and Airland Systems Division. The business develops land equipment for armored vehicles, artillery and surveillance equipment, naval equipment for warships and frigates, and associated services.
The two companies’ product ranges and markets are highly complementary in these fields. It is envisaged that the acquisition will allow Sagem Défense Sécurité to consolidate its position as the leader in search-and-track optronics and fire control, expand its offering in the field of self-protection for surface ships and land vehicles, and reinforce its logistical support activity.
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