Cassidian feels jinxed
The electronics and defence affiliate of EADS, Cassidian, is enduring a rough patch in the Middle East. The group is [...]
Thales is a defense electronics company in aerospace and defense industries. It came into being with the merger of Alcatel, Dassault Electronic and Thomson CSF and inherited the latter company’s naval activity, which it has developed in recent years. Thales now operates in 50 countries and has become a leading player in the defense industry.
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. [...]
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. [...]