Hensoldt to acquire Nexeya activities
Hensoldt is set to acquire Nexeya’s test and integration and services business as well as major parts of its mission management and power conversion businesses.
The closing is expected after obtaining all necessary approvals in the third quarter of 2019.
Based in Chatenay, France, Nexeya is a provider of services and electronics solutions for defence and commercial customers.
Thomas Müller, CEO of Hensoldt, said: ‘Nexeya strengthens our industrial base particularly in France, improving customer access and enhancing our product portfolio. Furthermore, the acquisition boosts our strategy of developing commercial markets, creating new opportunities in the area of services. Thus, the move is in line with the acquisitions made in the last two years in the areas of avionics, security and industrial engineering.’
The space activities of Nexeya as well as certain defence activities are not part of the transaction and these will be retained by the current shareholder.
More from Defence Notes
-
![How Canada plans to “seize” the opportunity to increase investments in defence]()
How Canada plans to “seize” the opportunity to increase investments in defence
The Canadian Department of National Defence has been increasing efforts to accelerate the acquisition of new equipment and modernise its in-service inventory.
-
![Palantir and Boeing partner up to bring AI to defence manufacturing]()
Palantir and Boeing partner up to bring AI to defence manufacturing
The partnership with the US airframer will see Palantir’s AI software leveraged to help streamline data analytics across Boeing’s 12 factories on defence and classified programmes.
-
![DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities]()
DroneShield to double its US footprint to meet growing demand for counter-UxS capabilities
DroneShield disclosed to Shephard its plans to increase its workforce and manufacturing capacities while strengthening partnerships with US suppliers.
-
![Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities]()
Singapore’s DSTA seeks wider partnerships to advance robotics and AI capabilities
The technology organisation is expecting a significant rise in the number of staff working across robotics and digital solutions as it becomes more of a focal point.
-
![Modular and attritable equipment must be a priority: US military]()
Modular and attritable equipment must be a priority: US military
Senior officers and representatives from the US Army, US Air Force and US Navy emphasised the need to expedite acquisition projects for systems and platforms that are more modular. They also highlighted that the loss of equipment is acceptable.
