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HowarRaymond
The Industrial Evolutionist. Capturing how industries are evolving with technology and innovation.
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HowarRaymond
Release Time:2024-06-03
Motherson Sumi acquires two companies, enters aerospace
“This acquisition is our first significant step towards growth in aerospace business. This is in line with our persification strategy and will help us in strengthening our non-automotive business,” Vivek Chaand Sehgal, chairman, Motherson said. Automotive components major Motherson Sumi Systems on Friday announced two acquisitions made by the group, one marking its entry into the aerospace industry, while the other expanding its business in China. Motherson Sumi Systems (MSSL), the listed entity, will be acquiring 55% in CIM Tools at an enterprise value of 400 crore. CIM Tools is a components vendor to the aerospace industry. This is part of the group’s five-year plan to persify beyond the automotive industry. The company had revenue of 130 crore in FY21 and 203 crore a year prior. Currently it has a business potential of Rs 1,500 crore, as per an MSSL press statement. “This acquisition is our first significant step towards growth in aerospace business. This ...
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who makes military vehicles
KingMacaulay
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Release Time:
March 14, 2024, 6:01 PM
Several companies. such as Lockheed Martin and Oshkosh Defense from the USA. BAE Systems plc from the UK. Rheinmetal AG from Germany. Textron Inc from the USA. and Thales Group from France. produce various military vehicles for defense forces globally. Other major players in this industry include Navistar Defense and Raytheon Technologies from the USA. Leonardo S.p.A. from Italy. Northrop Grumman and The Boeing Company from the USA. Airbus from the Netherlands. Klaus-Maffei Wegman and Daimler AG from Germany. and Rostec State Corporation from Russia. These companies develop and manufacture a wide range of military vehicles such as tanks. armored vehicles. aircrafts. naval vessels. and drones to meet the needs of defense forces worldwide.
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are kia good vehicles
SuzanneBetsy
LindsayMilne
Release Time:
June 28, 2024, 12:46 PM
Kia vehicles have undergone significant improvements in quality, design, and reliability in recent years, making them competitive within the automotive market. Known for their affordable pricing, Kia models often come with extensive warranties, such as a 10-year/100,000-mile powertrain warranty, showcasing the company’s confidence in their vehicle’s longevity. Customer satisfaction and reliability ratings have been consistently high, with models like the Telluride, Sorento, and Soul gaining particular praise for their performance, comfort, and technology offerings. However, as with any brand, individual model experiences can vary, and long-term ownership costs, including maintenance and depreciation, should be considered. Overall, Kia is a strong option for those seeking value-packed vehicles with modern features and a reassuring warranty.
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HowarRaymond
Release Time:
February 27, 2024, 6:15 PM
Kia is known for making reliable vehicles with excellent warranties. They say JJ..D. It has won many awards. including a high ranking in the original Power Quality Study. Several Kia models are fuel efficient and feature advanced safety features. In order to ensure long-term performance. you should maintain your vehicle regularly.
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