DaimlerChrysler Aerospace (Dasa) is to form an electronic warfare systems alliance with South African defence electronics specialist Grintek System Technologies (GST), under the brand name MRCM Products (Monitoring, Reconnaissance, Countermeasures).
To help the alliance, Dasa will spin off its electronic warfare activities into a new wholly owned subsidiary, to be called Ewation. The new entity brings together Dasa business units engaged in signal intelligence (SIGINT) activities.
Dasa says Ewation and GST - a division of Pretoria-based Grintek Group - will together create one of the world's largest suppliers of sophisticated SIGINT systems. Grintek is 49%-owned by Celsius, which is merging with Saab.
The joint venture will have a combined workforce of 500 people and annual revenues of about €125 million ($120 million).
Source: Flight International
