Sagem Défense Sécurité plans to acquire Naval and Ground Activities of EADS Defence & Security Systems in France
Paris - Vélizy, 15 September 2006
Sagem Défense Sécurité (Safran Group) signed an agreement on September 14, 2006, with a view to acquire, within the coming months, the naval and ground business of Les Ulis site, part of EADS Defence & Security Systems’ defence electronics business.
EADS Defence & Security Systems’ Les Ulis Naval and Ground business (located in the Paris region) is specialized in the design and commercialization of electronic and optronic naval and land equipment. It had total revenue of approximately 23 million Euros in 2005 and employs 100 people, who will join Sagem Défense Sécurité’s Optronics and Airland Systems Division.
The business develops the following products:
* Land equipment for armoured vehicles (firing, control and stabilization systems for turrets and guns, infra-red jammers, onboard computers) and slaved supports (missile launcher)
* Artillery and surveillance equipment (ballistic computers, onboard workstations, artillery and mortar fire control units)
* Naval equipment for warships and frigates (decoy launchers, electro-optical fire control units, optronic control systems)
* Associated services (customer support, etc).
The two companies’ product ranges and markets are highly complementary in these fields. This acquisition will allow Sagem Défense Sécurité to consolidate its position as the leader in search-and-track optronics and fire control, expand its offer in the field of self-protection for surface ships and land vehicles and reinforce its logistical support activity.
About EADS:
With revenues of about € 5.6 billion in 2005 and roughly 23,000 employees across nine nations, the EADS Defence & Security Systems Division (DS) forms the defence and security pillar within EADS. As a Large Systems Integrator, DS offers integrated system solutions to the new challenges confronting armed forces and global security. It is active in the areas of manned and unmanned integrated combat and mission air systems, including related training systems, and in missile systems, battlefield management systems for all branches, global security solutions, secure networks, defence electronics, sensors and avionics as well as related services. EADS is a global leader in aerospace, defence and related services. In 2005, EADS generated revenues of € 34.2 billion and employed a workforce of about 113,000.
About Sagem Défense Sécurité:
Sagem Défense Sécurité is a high-technology company in the SAFRAN Group. As a leading European defence and security electronics company in Europe, its business covers three main fields: navigation and aeronautics systems, where it is the world leader in helicopter flight control; optronics and air-land systems, where it is the European leader in surveillance and fire-control optronics; and the field of security, where it is the world leader in fingerprint-based biometrics. Its equipment and integrated systems are used worldwide, helping to ensure air transport safety, secure data transmission, personal security and governmental defence capabilities at the highest level. Through the SAFRAN Group, Sagem Défense Sécurité is present on all continents.
SAFRAN is an international high-technology group with four core businesses: aerospace propulsion, aircraft equipment, defense security, communications. It has 58,000 employees in over 30 countries, and annual revenues exceeding 10 billion euros.
Contact:
Philippe Wodka-Gallien
Sagem Sécurité
Tel.: 01 58 11 19 49
www.sagem-ds.com
mailto: philippe.wodka-gallien@sagem.com
Claire Allanche
EADS Defence & Security Systems France
Tel.: 33 1 34 63 77 45
www.eads.com
mailto: claire.allanche@eads.com
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