Framework agreement for cooperation in road enforcement and safety

In the context of a wider relationship between Safran and Finmeccanica, Morpho (Safran group) and Selex Elsag (Finmeccanica Group) have signed a “Partnership Framework Agreement” for development of commercial and industrial operations in the field of road enforcement and safety equipment which could lead to a joint venture.
February 28, 2012 Read time: 1 min
In the context of a wider relationship between Safran and Finmeccanica, Morpho (1178 Safran Group) and Selex Elsag (Finmeccanica Group) have signed a “Partnership Framework Agreement” for development of commercial and industrial operations in the field of road enforcement and safety equipment which could lead to a joint venture.

The partners say they wish to join their resources to address the fast-growing market of road enforcement and safety, taking advantage of the complementary nature of their products and technologies in the fields of vehicle identification, speed measurement and red light violation.

“This partnership with Selex Elsag is a unique opportunity to leverage the technologies of two major industry players” said Jean-Paul Jainsky, chairman and CEO of Morpho. “We are convinced that the outcome will be integrated solutions that meet the ever-evolving needs of the road safety and enforcement market.”

For more information on companies in this article

Related Content

  • Shell’s John Read explains “adaptable bitumen” developments
    December 15, 2016
    Shell’s highly innovative bitumen and asphalt solutions are helping create future-ready urban road networks around the world to meet the needs of today and tomorrow. Shell’s general manager of bitumen technology, Professor John Read, takes a look at some of the company’s game-changing ideas. The next 30 or so years will see a significant transformation in the way we live. Whereas almost 75% of the world’s population lived in rural locations in 1950, around 75% will live in cities by 2050. The global popu
    Read More
  • Tackling India’s road safety will reduce crash rate
    February 19, 2013
    India’s road safety record is the world’s worst but there are plans to tackle the problems. Patrick Smith reports from New Delhi. A speeded up video of a short section of road in the Indian capital Delhi was followed by a question. “How many infringements did you count in that 25-second clip on a typical day in Delhi,” asked Dr Rohit Baluja, a question that brought understandable silence. It equated to hundreds of millions of infringements each year, said Dr Baluja, president, Institute of Road Traffic Educ
    Read More
  • Cummins sets new quarterly trading record in strong growth period
    November 6, 2023
    Cummins has set a new quarterly net cash from operating activities record of US$1.5bn, a huge rise on the $382mn in Q3 2022.
    Read More
  • New tests, new technology, new users: why materials testing is a growing market
    February 7, 2017
    A look back at some of the developments this year, and a look ahead to what may come next reveals the increasing use of materials testing. New technology and new ways to process and analyse data will drive change even further - Kristina Smith reports For materials testing equipment manufacturers, constant change is business as usual. New tests emerge, new standards are written and new practices spread around regions and the world. There are also new materials to deal with: bitumen modified with polymers
    Read More

Highlighted Content