ADIT seals Eurotradia acquisition
According to our sources, the French corporate intelligence firm ADIT has inked a deal to acquire the export consulting firm Eurotradia International. [...]
Safran is France’s biggest manufacturer of engines for planes, helicopters and rockets. It was created in 2005 from the merger of SNECMA and Sagem. IT employs nearly 70,000 people and is one of the principal suppliers to Dassault and Airbus.
While France's financial prosecution service, the PNF, and the UK's Serious Fraud Office chug along with their vast corruption probe into Airbus Group, it is becoming increasingly apparent that the aircraft manufacturer's former financial arranger played a decisive role in the signing of key export contracts. [...]
Chinese State Security's vast spying operation against French group Safran, which came to light when several individuals were indicted in the US last month, involved a major cyber-attack campaign that Intelligence Online has been able to retrace. [...]