EU cash underpins record international sales for security and defence multinational GMV
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A bevy of EU contracts has underpinned record international sales growth for multinational security and defence corporation GMV, which works with Frontex on the Eurosur border surveillance system, with the European Maritime Safety Agency on maritime surveillance drones, and receives funding from various projects supported by the EU's research and development programes, amongst other sources of income.
See: GMV strengthens its position in the international defense and security market (Homsec, link):
"In 2016 the technology multinational GMV clocked up an all-time high in its international security and defense sales; for the first time ever its international sales topped the national figure. This is a particularly eyecatching achievement in the context of budget cuts and worldwide economic uncertainty.
This milestone in the companys history endorses GMVs position as an international security and defense benchmark. This position rests on three main pillars: firstly, direct contracting with European agencies; secondly its sales of JISR products (Joint Intelligence Surveillance and Reconnaissance) and thirdly the companys participation in R&D programs such as the European Horizon 2020."
The article notes GMV's numerous contracts with the European Defence Agency, its role as the main contractor for the Eurosur border surveillance system (coordinated by Frontex), its work in designing and developing the European External Action Service's "Command and Control Information System (EUCCIS)", work with the European Maritime Safety Agency on drones and providing ICT services, with the European Satellite Centre on "satellite image processing and remote sensing," and its involvement in various projects funded by the security research components of the EU's 7th Framework Programme (2007-13) and Horizon 2020 (2014-20) research and development programmes.
The company apparently plans to "[leverage] Europes current drive towards a common security and defense policy," recently confirmed at a European Council meeting. See: European Council conclusions on security and defence, 22/06/2017 (pdf) and: EU flexes military muscles with new defense plan (Reuters, link)
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