EADs and AE announce maritime-security merger

UK-based EADS Defence and Security, and Atlas Elektronik (AE), a naval/marine electronics and systems business, have merged their subsidiaries Sofrelog, acquired by EADS in 2006, and Atlas Maritime Security, a spin-off of AE.

This joint venture will take the form of a strong and flexible SME, tailored to meet specific customer needs in the maritime safety and security market.

Named Sofrelog Atlas Maritime Security (SA Maritime Security), the company will be co-owned by EADS Defence and Security (60 per cent), and AE (40 per cent).