ECA : Belgian and Dutch navies: contract worth around € 450m for ECA, much bigger than expected
>ECA’s share: ~ € 450m for a contract estimated at nearly € 2bn - As we mentioned in our flash yesterday, the ECA/Naval Group consortium has just won a tender totalling € 2bn to supply 12 mine-hunters to the Belgian and Dutch navies (6 for each country). ECA’s share of this historic contract for the group (by far the biggest ever won) represents around € 450m. The final amount therefore works out much higher than we expected: we had a blue-sky scenario of € 240m. All...ECA Sa. ECA SA is a France-based company which designs and delivers robotic equipment and intelligent solutions for both civil and military application. The Company offers vehicles and crafts for detection, inspection and destruction of mines, inspection systems for nuclear power plants, control and command systems, as well as ground and land robots for anti-terrorist missions and others. ECA SA is split into three divisions: Robotics and Integrated Systems, Simulation and Aeronautics. The Company has several subsidiaries, including, ECA CSIP, ECA CNAI, ECA Faros and ECA Sindel, among others. As of December 31, 2011, ECA SA was 56.4%-owned by Groupe Gorge.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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