The Diplomat in Spain

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The Diplomat. 25/08/2018

The Council of Ministers yesterday approved two agreements authorizing foreign investment in activities related to national defense: one of a Canadian group to, among other activities, manufacture components for military aircraft, and another of a French company specializing in aerospace consultancies.

On the one hand, the Canadian group Heroux-Devtek INC is authorized to make an investment through its Spanish subsidiary Heroux-Devtek Spain SLU for 100 percent of the share capital of the Spanish Company of Aeronautical Systems SA (CESA), to defense activities. Established in 1989, CESA’s main activities are to manufacture and design components for military aircraft within the following programs: KC390, A400M, C-101, C212, Airbus Defense and Space ARBS MRTT replenishment system – known as Tail Boom -, CN235, C295, EF2000 Typhoon, Hürkus, Atlante, HTT40 and FT4B. In addition, CESA manufactures and designs components for military helicopters within the following programs: Sikorsky S-92, Eurocopter Tiger, Eurocopter EC225 Super Puma and LCH / LAH.

Secondly, the investment of the French company Alten Europe SARL is also authorized, through the Spanish Alten Soluciones, Productos, Auditorías e Ingeniería SAU in the Spanish company Atexis Spain SLU. Established in 2011, the Spanish company Atexis Spain SLU, has as its main activity to offer consulting services in the field of technical documentation, the management of complex projects for the aerospace, naval, energy, medical, automotive and rail industries.