Sagem and Thales cre­ate Op­tron­ics JV Op­trolead

SP's MAI - - CORPORATE -

Sagem (Safran group) and Thales have an­nounced the cre­ation of Op­trolead, an equally-owned joint ven­ture for op­tron­ics. The of­fi­cial sig­na­ture cre­at­ing the new com­pany fol­lows the orig­i­nal mem­o­ran­dum of un­der­stand­ing signed on De­cem­ber 20, 2011. Op­trolead will be re­spon­si­ble for the sale of fu­ture op­tronic sys­tems, es­pe­cially for de­fence ap­pli­ca­tions.

The new com­pany is stak­ing out a po­si­tion in sev­eral ma­jor pro-

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.