PARIS - VÉLIZY, France --- 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.
With revenues of about EUR 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. In 2005, EADS generated revenues of EUR 34.2 billion and employed a workforce of about 113,000.
Sagem Défense Sécurité is a high-technology company in the SAFRAN Group. As a leading European defense 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. Through the SAFRAN Group, Sagem Défense Sécurité is present on all continents.