Matra BAe Dynamics
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Matra BAe Dynamics
Matra BAe Dynamics was an Anglo-French 50/50 joint venture formed in August 1996 through a merger between half the missile business of France's Matra Hautes Technologies (the aerospace, defence and telecommunications division of the Matra conglomerate) and the missile activities of the UK's BAe Dynamics (a division of British Aerospace). During its 5 years of existence, it was Europe`s largest guided weapons company and the third largest in the world. British Aerospace had previously sought to merge its missile business with that of France's Thomson-CSF (now Thales Group). The companies announced their plan to create a new combined company called Eurodynamics in 1989. However, after more than a year of monopoly investigations, the deal collapsed. The formation of Matra BAe Dynamics was followed in 1997 by the acquisition of a 30% share in LFK. In 1999, the other half of Matra Hautes Technologies' missile business (Matra Missiles) combined with the missile systems division of ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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MBDA
MBDA is a European multinational corporation specialized in the design, development and manufacturing of Missile, missiles and related systems.MBDA Inc. US Division Corporate Page
Headquartered in Le Plessis-Robinson, France, the company was founded in December 2001 via the Mergers and acquisitions, merger of three of the most prominent European missile systems companies: the French Aérospatiale, Aérospatiale Matra Missiles, the Anglo-French Matra BAe Dynamics and the missile division of the Anglo-Italian Alenia Marconi Systems. These businesses were subsidiaries of EADS (now called Airbus), BAE Systems and Finmeccanica (now Leonardo (company), Leonardo), and all three remain MBDA's parent companies. MBDA employs around 13,000 people worldwide as of 2023 and, despite being an integrated company, has maintained nationa ...
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Multinational Joint-venture Companies
Multinational may refer to: * Multinational corporation, a corporate organization operating in multiple countries * Multinational force, a military body from multiple countries * Multinational state, a sovereign state that comprises two or more nations See also * International (other) * Transnational (other) * Supranational (other) * Subnational (other) Subnational or sub-national may refer to: * Administrative division, all administrative divisions are under the national level * Subnational legislature, a type of regional legislature, under the national level * Subnational state, a type of state, ...
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Manufacturing Companies Established In 1996
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final produc ...
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Defence Companies Of The United Kingdom
Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industry, industry which manufactures and sells weapons and military technology * Self-defense, the use of force to defend oneself * Haganah (Hebrew for "The Defence"), a paramilitary organization in British Palestine * National security, security of a nation state, its citizens, economy, and institutions, as a duty of government ** Defence diplomacy, pursuit of foreign policy objectives through the peaceful employment of defence resources ** Ministry of defence or department of defense, a part of government which regulates the armed forces ** Defence minister, a cabinet position in charge of a ministry of defense * International security, measures taken by states and international organizations to ensure mutual survival and safety Sports * Def ...
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BAE Systems Subsidiaries And Divisions
BAE Systems plc is a British multinational aerospace, military and information security company, based in London. It is the largest manufacturer in Britain as of 2017. It is the largest defence contractor in Europe and the seventh largest in the world based on applicable 2021 revenues. Its largest operations are in the United Kingdom and in the United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the US Department of Defense. Its next biggest markets are Saudi Arabia, then Australia; other major markets include Canada, Japan, India, Turkey, Qatar, Oman and Sweden. The company was formed on 30 November 1999 by the £7.7 billion purchase of and merger of Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), with British Aerospace, an aircraft, munitions and naval systems manufacturer. BAE Systems is the successor to various aircraft, shipbuilding, a ...
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Aerospace Companies Of The United Kingdom
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, maintain, and repair both aircraft and spacecraft. The border between space and the atmosphere has been proposed as above the ground according to the physical explanation that the air density is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. This border has been called the Kármán line. Overview In most industrial countries, the aerospace industry is a co-operation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agenc ...
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Alenia Marconi Systems
Alenia Marconi Systems (AMS) was a major European integrated defence electronics company and an equal shares joint venture between BAE Systems and Finmeccanica (now Leonardo S.p.A.) until its dissolution on 3 May 2005. AMS was formed in 1998 by the merger of GEC-Marconi, GEC-Marconi Radar and Defence Systems and Alenia Difesa. Equal shares in the resulting company were then held by Finmeccanica, and GEC-Marconi (later Marconi Electronic Systems (MES)), a division of The General Electric Company (GEC). With the demerger and subsequent sale of its MES division in 1999, GEC's interest in AMS passed to BAE Systems. In 2001 AMS' missile systems division was merged with Aerospatiale Matra Missiles and Matra BAe Dynamics to form MBDA. On 7 October 2003 the United Kingdom, UK holding company for AMS changed its registered name from Alenia Marconi Systems Limited to AMS Limited to comply with the agreements reached regarding use of the name "Marconi" following the sale of Marconi Electr ...
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Matra
Matra (an acronym for Mécanique Aviation Traction) was a major French industrial Conglomerate (company), conglomerate. Its business activities covered a wide range of industries, notably aerospace manufacturer, aerospace, defence industry, defence, automotive industry, automotive, motorsports, transport and telecommunications. Following the acquisition of vehicle manufacturer Automobiles René Bonnet, the company founded Matra Automobiles during the 1960s, which produced a limited range of racing and sports cars. Its car division worked closely with other vehicle manufacturers, most significantly Renault, prior to the decline and sale of Matra Automobiles during the early 2000s. In addition to road cars, Matra entered into a wide range of businesses, eventually diversifying into Media (communication), media, weaponry, aeronautics, automobiles, and music distribution. Matra was at one point owned by the Floirat family. Throughout much of the company's existence, French business ...
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