Airbus to acquire INFODAS and strengthen its cybersecurity portfolio

Airbus Defence and Space has entered into an agreement to  acquire INFODAS, a Cologne-based, German company that provides cybersecurity and IT  solutions in the public sector including for defence and critical infrastructures. Notably, the transaction  is subject to the customary regulatory approvals and is expected to be finalised before the end  of 2024.  Worth mentioning…

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MoD extends suspension of business dealings with Vectra Advanced Engineering Pvt. Ltd. for a period of 6 months

The Indian Ministry of Defence (MoD) has extended suspension of business dealings with M/s Vectra Advanced Engineering Pvt. Ltd (VAEPL) (now M/s VERT Equipment Private Limited) for a period of six (6) months w.e.f. 14.02.2024 in terms of the “Guidelines of the Ministry of Defence for penalties in business dealing with entities’. Noteworthy, earlier with…

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