New European defence company HENSOLDT launched

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Following the closing of the transaction between Airbus Group SE (stock exchange symbol: AIR) and KKR, a leading global investment firm, a new European defence company, headquartered in Germany, HENSOLDT, has been launched.

The new company employs 4 000 highly qualified staff, about 3 400 in Germany and 600 in South Africa. The main industrial sites are Taufkirchen/Munich, Ulm, Friedrichshafen and Oberkochen in Germany, and Pretoria in South Africa. A dedicated representative office in Berlin has been established and several offices represent the new enterprise in countries like India, US, Chile, Brazil, South Korea and Spain.

The new company, headquartered in Taufkirchen close to Munich, will be led by an executive committee comprising CEO Thomas Müller, head of HR Peter Fieser, head of Finance Axel Salzmann and head of Operations Peter Schlote.

Further members of the executive committee are head of Electronic Warfare/Situational Awareness Uwe Virkus, head of Radar/IFF/Data links Erwin Paulus, head of Optronics Andreas Hülle, head of Sales & Marketing Sabine K Hipp, head of Strategic Business Development Celia Pelaz and General Counsel Solms U Wittig.

The HENSOLDT brand derives from Moritz Carl Hensoldt (1821-1903), a German pioneer of optics and precision mechanics, who developed benchmark technology solutions and products in his field. The name HENSOLDT stands for premium solutions, combining excellence, innovation and efficiency.

HENSOLDT will provide leading edge technology solutions to armed forces and security agencies. Firmly grounded in its three product lines – Optronics, Radar/IFF/Datalink and Electronic Warfare/Situational Awareness – the company offers sensor solutions for air, sea and land applications. This includes the protection of critical infrastructures, air defence, airborne self-protection, vehicle and convoy protection, signal intelligence and data links, as well as night vision, thermal imaging, laser range-finding and optronic targeting. Furthermore, the portfolio comprises mission avionics equipment, such as computers, mission planning devices and situational awareness systems for helicopters.

HENSOLDT – Facts and Figures

Revenues: € 1 bn (2016)

Employees: ca. 4,000 – thereof Germany: 3,400 – thereof South Africa: 600

Main sites/employees:
* Friedrichshafen (400)
* Oberkochen/Wetzlar (600)
* Pretoria (600)
* Taufkirchen/Munich (350)
* Ulm/Kiel (2,000)

Ownership: 74,9% KKR, 25,1% Airbus

Business

* Product Line Radar/IFF:
Radar for fighters, naval vessels, ground-based air defence, ground surveillance, air traffic control, secondary radar for air traffic control/IFF, Passive Radar

* Product Line Optronics:
Sighting devices for armoured vehicles, thermal imaging, laser range finding, reconnaissance gimbals for helicopters and UAS, submarine periscopes and optronic masts, border surveillance equipment

* Product Line Electronic Warfare/Situational Awareness:
ESM and ELINT systems for air/sea/land applications, Electronic Attack, Counter-IED solutions, missile warning for helicopters and fixed-wing aircraft, h/c pilot assistance systems

About HENSOLDT
The company name HENSOLDT traces back to Moritz Carl Hensoldt (1821-1903), a German pioneer of optics and precision mechanics and founder of Hensoldt AG in Wetzlar (1847). The brand name was previously used for a product line of rifle scopes. The name HENSOLDT stands for premium solutions, combining excellence, innovation and efficiency.

Areas of activity
protection of critical infrastructures, air defence, airborne self-protection, vehicle and convoy protection, signal intelligence and data links, night vision, thermal imaging, laser rangefinding and optronic targeting, mission avionics equipment; border surveillance

References
F-16, Eurofighter, Gripen and Rafale combat aircraft, the Tandem-X and EDRS-A satellites, A400M transport aircraft, helicopters of various types.



Mission-critical equipment to PUMA, ABRAMS and LEOPARD armoured vehicles, class 212 and 209 submarines, US Navy “Freedom” class Littoral Combat Ship and German Navy F125 frigate. Sights and night vision optics for German Future Soldier Programme “Infanterist der Zukunft”.