Conceptual Marketing Corporation - SWEDENIn 1999, Saab AB purchased the Celsius Group, then the parent company of Bofors. In September 2000, United Defense Industries UDI of the United States acquired Bofors Weapons Systems, the heavy weapons division, while Saab retained the missile interests.BAE Systems acquired UDI and its Bofors subsidiary in 2005, and BAE Systems Bofors is now a business unit of BAE Systems AB; Saab Bofors Dynamics is a unit of Saab AB. BAE Systems plc is a British multinational defense, security, and aero-space company. Its headquarters are in London and Farnborough in the United Kingdom with operations worldwide. CELSIUS BOFORS UNDERWATER SYSTEMSHarald Jan Dahle from Oslo is seen here at the Swedish Torpedo manufactoring Company Celsius BOFORS Underwater Systems. Celsius BOFORS are the creators of one of the most sophisticat-ed torpedos for anti-submarine warfare in today. THE HISTORY OFUNITED DEFENSE INDUSTRIESUnited Defense Industries (UDI) was an American defense contractor which became part of BAE Systems Land & Armaments after being acquired by BAE Systems in 2005. The company produced combat vehicles, artillery, naval guns, missile launchers and precision munitions. The company started as a division of the agricultural machine business, Food Machinery Corporation (FMC), when they won a US Federal Government contract to build the Landing Vehicle Tracked (LVT) and became a weapon manufacturer during World War II. Bowen McLaughlin York (BMY), which became the BMY division of Harsco Corporation, soon added aircraft and tanks to its growing munitions capability, further adding to the firm's diversified economic success and defense specialization.President George W. Bush addresses employees at United Defense Industries in Santa Clara, Calif., Friday, May 2, 2003. The defense company produces vehicles and technology that is being used by soldiers in Iraq, including the Bradley Fighting Vehicle and the Hercules Recovery Vehicle.Following a massive decline in orders for tracked combat vehicles between 1983 and 1994 FMC and the Harsco Corporation agreed in January 1994 to combine their defense businesses to form United Defense. The new company owned the former FMC California-based Ground Systems Division and Harsco's Pennsylvania-based BMY Combat Systems Division. The new company restructured its operations to concentrate final assembly and testing to Pennsylvania. In September 2000, UDI purchased Bofors Weapon Systems AB of Sweden, subsequently renamed Bofors Defense. In 1997 UDI was subject to a takeover bids by rival General Dynamics and The Carlyle Group. It chose the lowest bid from private equity firm The Carlyle Group, which floated the company in 2001 but retained a share of the company. On March 7, 2005 UK-based defense contractor BAE Systems announced it was to acquire UDI for US$3.974 billion (£2.1 billion). This followed expressions of interest from companies including Northrop Grumman.BAE Systems Land & Armaments HQ in Sterling Heights Michigan BAE Systems' bid was referred to the Committee on Foreign Investment in the United States (CFIUS) to ensure there were no national security implications of the sale. The CFIUS granted approval of the deal in April 2005. BAE completed its acquisition of United Defense on June 24, 2005 and announced plans to merge the company with its existing land systems businesses to form BAE Systems Land and Armaments.

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Empathy is the bridge that opens up to the other side

PETROFILM.COM EUROPE

Information and Interpretation

from a European Perspective

Información e Interpretación

desde una perspectiva Europea

EUROPE-USA

A TRANS-ATLANTIC PARTNERSHIP

UNA COLABORACIÓN TRANSATLÁNTICA

EMPATHY RESPECT DIGNITY

EMPATÍA RESPETO DIGNIDAD

Harald Dahle-Sladek

Founder and Editor-in-chief

Fundador y editor en jefe

To contact the Editor-in-chief with questions, comments and inquiries about lectures or consultations, please e-mail us at haroldsworld@petrofilm.com

Oslo, Norway

歐洲分析與解釋

אמפתיה כבוד כבוד

ניתוח, מידע עם פרספקטיבה אירופית

تجزیه و تحلیل ، اطلاعات از یک چشم انداز اروپایی

АНАЛИЗ ИНФОРМАЦИИ С ПЕРСПЕКТИВЫ

ИЗ ЕВРОПЫ

דיאלוג עכשיו ДИАЛОГСЕЙЧАС

DIALOGUENOW

Institute for Empathetic Dialogue formation

and Conflict Resolution, Oslo Norway.

Instituto para la formación del Diálogo Empático y Resolución de Conflictos, Oslo Noruega

عزت احترام به همدلی یکپارچه سازی

The Foreign Ministry Tehran

Creating dialogue and common ground

with the Islamic republic of Iran 1998-2022.

ایجاد گفت و گو و زمینه مشترک با ایران 1998-2022

Updates from

U.S. Department of Justice

Washington, D.C.

Denmark

Danske Bank Pleads Guilty to Fraud on U.S. Banks in a Multi-Billion Dollar Scheme to Access the U.S. Financial System.

Largest Bank in Denmark Agrees to Forfeit $2 Billion.

Danske Bank A/S (Danske Bank), a global financial institution headquartered in Denmark, pleaded guilty today and agreed to forfeit $2 billion to resolve the United States’ investigation into Danske Bank’s fraud on U.S. banks.

According to court documents, Danske Bank defrauded U.S. banks regarding Danske Bank Estonia’s customers and anti-money laundering controls to facilitate access to the U.S. financial system for Danske Bank Estonia’s high-risk customers, who resided outside of Estonia – including in Russia. The Justice Department will credit nearly $850 million in payments that Danske Bank makes to resolve related parallel investigations by other domestic and foreign authorities. Continues further down.

Switzerland

Glencore International AG

Entered Guilty Pleas to Foreign Bribery and Market Manipulation Schemes. Swiss-Based Firm Agrees to Pay Over $1.1 Billion

Glencore International A.G. (Glencore) and Glencore Ltd., both part of a multi-national commodity trading and mining firm headquartered in Switzerland, each pleaded guilty today and agreed to pay over $1.1 billion to resolve the government’s investigations into violations of the Foreign Corrupt Practices Act (FCPA) and a commodity price manipulation scheme.

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SWEDEN

In 1999, Saab AB purchased the Celsius Group, then the parent company of Bofors. In September 2000, United Defense Industries UDI of the United States acquired Bofors Weapons Systems, the heavy weapons division, while Saab retained the missile interests.

BAE Systems acquired UDI and its Bofors subsidiary in 2005, and BAE Systems Bofors is now a business unit of BAE Systems AB; Saab Bofors Dynamics is a unit of Saab AB.

BAE Systems plc is a British multinational defense, security, and aero-space company. Its headquarters are in London and Farnborough in the United Kingdom with operations worldwide.

CELSIUS BOFORS UNDERWATER SYSTEMS

Harald Jan Dahle from Oslo is seen here at the Swedish Torpedo manufactoring Company Celsius BOFORS Underwater Systems. Celsius BOFORS are the creators of one of the most sophisticat-ed torpedos for anti-submarine warfare in today.

THE HISTORY OF

UNITED DEFENSE INDUSTRIES

United Defense Industries (UDI) was an American defense contractor which became part of BAE Systems Land & Armaments after being acquired by BAE Systems in 2005. The company produced combat vehicles, artillery, naval guns, missile launchers and precision munitions. The company started as a division of the agricultural machine business, Food Machinery Corporation (FMC), when they won a US Federal Government contract to build the Landing Vehicle Tracked (LVT) and became a weapon manufacturer during World War II. Bowen McLaughlin York (BMY), which became the BMY division of Harsco Corporation, soon added aircraft and tanks to its growing munitions capability, further adding to the firm's diversified economic success and defense specialization.

President George W. Bush addresses employees at United Defense Industries in Santa Clara, Calif., Friday, May 2, 2003. The defense company produces vehicles and technology that is being used by soldiers in Iraq, including the Bradley Fighting Vehicle and the Hercules Recovery Vehicle.

Following a massive decline in orders for tracked combat vehicles between 1983 and 1994 FMC and the Harsco Corporation agreed in January 1994 to combine their defense businesses to form United Defense. The new company owned the former FMC California-based Ground Systems Division and Harsco's Pennsylvania-based BMY Combat Systems Division. The new company restructured its operations to concentrate final assembly and testing to Pennsylvania. In September 2000, UDI purchased Bofors Weapon Systems AB of Sweden, subsequently renamed Bofors Defense.

In 1997 UDI was subject to a takeover bids by rival General Dynamics and The Carlyle Group. It chose the lowest bid from private equity firm The Carlyle Group, which floated the company in 2001 but retained a share of the company. On March 7, 2005 UK-based defense contractor BAE Systems announced it was to acquire UDI for US$3.974 billion (£2.1 billion). This followed expressions of interest from companies including Northrop Grumman.

BAE Systems Land & Armaments HQ in Sterling Heights Michigan

BAE Systems' bid was referred to the Committee on Foreign Investment in the United States (CFIUS) to ensure there were no national security implications of the sale. The CFIUS granted approval of the deal in April 2005. BAE completed its acquisition of United Defense on June 24, 2005 and announced plans to merge the company with its existing land systems businesses to form BAE Systems Land and Armaments.

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haroldsworld@petrofilm.com