Airbus DS sells Belgian electronics factory

.

Space Industry and Business News

.

Airbus DS sells Belgian electronics factory
by Richard Tomkins
Paris (UPI) Jan 23, 2015

disclaimer: image is for illustration purposes only

A Swiss-based equity firm is entering the defense-related business sector through the acquisition of an Airbus Defense and Space electronics plant in Belgium.

Terms of the acquisition of the facility in Oostkamp, Belgium, by Parter Capital Group AG were not disclosed. Airbus DS, however, said, the site will continue to deliver high-quality electronics parts to Airbus Defense and Space, including primary- and secondary-radar components, power amplifiers and transponders.

"By this strategic move, Airbus Defense and Space will consolidate its electronics production capabilities and develop further synergies," Airbus DS said. "It also enables Airbus Defense and Space to satisfy long lasting delivery commitments for highly complex defense related products.

The company said its divestiture of the plant in Belgium is in line with its strategy to strengthen its core business.

Parter Capital Group is a private equity firm that has been acquiring science and technology companies over the past 15 years.

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

.

Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks

NATO chief urges Germany to lead way on defence spending
Berlin (AFP) Jan 14, 2015
NATO chief Jens Stoltenberg urged Germany on a visit to Berlin Wednesday to mirror its leadership role in Europe as the bloc's biggest economy in its defence spending. Describing Germany as a "staunch and important" NATO ally, Stoltenberg stressed the need for members of the US-led alliance to bump up investment amid challenges such as the Islamic State jihadist group or the Ukraine crisis. ... read more

New laser could upgrade the images in tomorrow's technology

Microsoft HoloLens goggles captivate with holograms

Is glass a true solid?

Scientists 'bend' elastic waves with new metamaterials

U.S. EA-18G Growlers getting new electronic warfare system

Third MUOS Satellite Launched And Responding To Commands

USAF orders addditional Boeing rescue radios

MUOS-3 satellite ready for launch

Soyuz Installed at Baikonur, Expected to Launch Wednesday

Elon Musk says SpaceX using electric rockets is 'impossible' after 'Simpsons' episode

SES Entrusts Arianespace With SES-12

Google aboard as Musk's SpaceX gets $1 bn in funding

Congressman claims relying on GLONASS jeopardizes US lives

Turtles use unique magnetic compass to find birth beach

W3C and OGC to Collaborate to Integrate Spatial Data on the Web

AirAsia disappearance fuels calls for real-time tracking

Boeing 747-8 picked for next Air Force One: US military

Airbus shake up to get A400M military plane back on track

Navy OKs next-gen IRST for F/A-18s

Ten killed in fighter jet crash during NATO exercises in Spain

Electronic circuits with reconfigurable pathways closer to reality

Solving an organic semiconductor mystery

Rice-sized laser, powered one electron at a time, bodes well for quantum computing

New laser for computer chips

Satellites catch Austfonna shedding ice

NASA Data Peers into Greenland's Ice Sheet

SMAP Will Track a Tiny Cog That Keeps Cycles Spinning

SPIDER Experiment Touches Down in Antarctica

Paris mayor wants to ban polluting trucks, buses

Soils could keep contaminants in wastewater from reaching groundwater

Simple soil mixture reverses toxic stormwater effects

China air quality dire but improving: Greenpeace

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.