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

  • Pan-European enforcement agreement on the way
    December 11, 2014
    The prospect of a full Pan-European agreement on enforcement has now moved one step closer. An informal political agreement has now been reached on revised rules to enable cross-border enforcement of traffic offences such as speeding fines. A European Court of Justice (ECJ) ruling in May said that the existing rules, which only came into force in November last year, had been adopted on an incorrect legal basis. That decision led the European Commission to publish a revised legal proposal in July, but the EC
    Read More
  • Pan-European enforcement agreement on the way
    December 11, 2014
    The prospect of a full Pan-European agreement on enforcement has now moved one step closer. An informal political agreement has now been reached on revised rules to enable cross-border enforcement of traffic offences such as speeding fines. A European Court of Justice (ECJ) ruling in May said that the existing rules, which only came into force in November last year, had been adopted on an incorrect legal basis. That decision led the European Commission to publish a revised legal proposal in July, but the EC
    Read More
  • India's first construction event a huge success
    April 5, 2012
    The first bC India event has exceeded all expectations and it is set to become a regular event. Patrick Smith reports A major new construction equipment show has been launched in a nation with a huge appetite for such machinery and a growth rate nudging 9% each year. With billions being spent on infrastructure (roads and highways, power stations, railways, ports and airports), India was a prime candidate for a trade fair to display the latest and local international construction machinery, building materia
    Read More
  • Booming Chinese aggregate demand
    February 22, 2013
    Global demand for construction aggregates is set to increase 5.2% a year until 2015 to 48.3 billion tonnes, according to research by The Freedonia Group in the United States. The same source tips China alone to account for half of all new aggregate demand worldwide in the period 2010-2015. Guy Woodford reports on the growing importance of the Asian aggregates market. China is already the biggest nation for aggregate production and use in the world, and the competition among the giants of aggregate productio
    Read More

Highlighted Content