Lynton buys Air Hanson

Article Abstract:

The Lynton Group Inc. has bought UK-based Air Hanson Limited from Hanson plc for an undisclosed amount. Air Hanson occupies a facility at Blackbushe Airport of around 18,288-sq-m (60,000-sq-ft). Lynton CEO Christopher Tennat said the transaction will allow Linton to consolidate the group's position in the turbine helicopter field alongside its other UK unit, European Helicopters at Denham, UK. The move, which will strengthen Lynton's fixed-wing operations, is not expected to affect the positions at Air Hanson and European Helicopters.

United States, Asset sales & divestitures, Aircraft, Hanson PLC, Article, Lynton Group Inc.

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AgustaWestland is the name

Article Abstract:

Agusta SpA and Westland Helicopters Ltd, helicopter manufacturing subsidiaries of Finmeccanica SpA and GKN, respectively, have been merged to create AgustaWestland. Expected to be operational by Nov 2000, the new company will be owned 50/50 by Finmeccanica and GKN. The merger resulted in the second biggest helicopter maker with turnover of 1,350 million pounds sterling in 1999, compared with Boeing Helicopter Co's about 1,500 million pounds and sterling and Eurocopter's 1,280 million pounds sterling.

Italy, Agusta S.p.A., Westland Helicopters Ltd.

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Thomson-CSF Racal

Article Abstract:

Thomson-CSF Racal has confirmed its reorganization that will take effect on Sep 1, 2000. With a defense subsidiary Thomson Racal Defence, the combined company will oversee the UK-based military business operations, The civil content of the two firms' operations will come under the Thomson-CSF worldwide umbrella. Under the new Thomson-CSF Racal banner, the changes will see former Racal Defence Electronics CEO Richard Moon continue in this position.

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