The Service of the Commission for the Protection of Competition on the 6th of August 2008 received on behalf of the company Finmeccanica S.p.A. notification of a proposed concentration according to Article 13 of the Control of Concentration between Enterprises Law (Number 22(I)/99), concerning an agreement by which Finmeccanica S.p.A. will acquire 100% of the issued share capital of the company DRS Technologies Inc.
” Finmeccanica S.p.A.” main activities concentrate in the production and development of airplanes, helicopters, aerospace systems, missile systems, radars, railway transport, technology information systems services.
“DRS Technologies Inc.” operations concentrate on the production and sale of command, control and communication systems, power systems, intelligence technologies, tactical systems, reconnaissance, surveillance and target acquisition systems, substainment systems and technical systems.
|