DCNS/TKMS face off in Singapore
The German and French shipbuilders are squaring up over a $1.8 billion contract to supply three state-of-the-art submarines to Singapore. [...]
MBDA is a European missile manufacturer that was formed from the merger of France’s Matra, Alenia Marconi Systems and Matra BAE Dynamics. The company often competes for contracts with Raytheon. It developed the Meteor and the Storm Shadow missiles that are used by the British and French armies.
Fadel Al Kaabi, formerly of the Tawazun sovereign fund, set up the International Golden Group (IGG) in 2002. The company, which is headed by Fadel’s uncle, former armed forces deputy chief of staff Mohammed Hilal Al Kaabi, specialises in partnerships with Western defence groups like France’s Thales, Britain’s BAE, Paramount of South Africa and Italy’s Selex. In 2013, IGG also went into partnership [...]
After having served as the high profile chairman and chief executive of BAE Systems from 1998 to 2004, Richard "Dick" Evans has been putting his talents to use in Astana, capital of Kazakhstan. President Nursultan Nazarbayev recruited him in October 2006 to run the country's sovereign fund, Samruk. Then, in 2008, he became an independent director of Samruk-Kazyna, which was formed through the merg [...]