French military consulting firm DCI's failed ISR ambitions return to haunt it in court case
DCI has not finished paying the price for its thwarted ISR ambitions, while even bigger issues about its future hang in the balance.
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Emirati defence procurement authority Tawazun recently refused an offset proposal from France's Naval Group involving fellow French company Défense Conseil International. The setback could favour DCI's main rival on this market, SeaOwl Group.
Acquiring former procurement office Sofema would significantly increase corporate intelligence group ADIT's stake in foreign armies training specialist DCI. But to take control of the latter, ADIT, majority owned by the Sagard fund, must convince the French state to give up some of its shares.