Sagem and MTU Aero Engines create new joint venture
Sagem (Safran group) and MTU Aero Engines today announced the signature of an agreement to form a 50/50 joint venture, AES Aerospace Embedded Solutions, to provide safety-critical software and hardware for military and civil aviation applications.
The signature follows the Memorandum of Agreement announced in December 2011 by Sagem and MTU Aero Engines.
AES will deploy some 200 engineers, primarily from MTU Aero Engines but also some from Safran. Its main products will include control systems for engines such as the TP400-D6 turboprop powering the Airbus A400M military transport, as well as other safety-critical hardware and software solutions such as controls for landing gear, braking, monitoring and information systems.
AES will be headquartered in Munich, Germany on the MTU campus. Christophe Bruneau of Sagem will be the Chief Executive Officer and Thomas Fähr of MTU Aero Engines will be the Chief Technical Officer. Pending regulatory approval, AES should start operations by the end of the year.