Armor expects the acquisition of Simula
to diversify its product base, expand its technical capabilities and enhance its position as a leading supplier of armor, safety, and survivability systems to the U.
Labs separately announced today an additional partnership with Covalent Technologies, a leading provider of complete enterprise open source solutions, who will provide its solutions for the Apache HTTP Web Server and Apache Tomcat, through the CoRE Network.
designs and makes systems and devices that save human lives.
The addition of Covalent to the CoRE Network further validates the need for both a technology and a process framework that enables enterprise IT to evaluate, implement and manage open source-based technologies," said Winston Damarillo, CEO of Simula
Our Cockpit Air Bag System is a significant new product line for our aerospace and defense segment, and represents the next generation of safety equipment Simula
produces for military aircraft," Forst said.
Through its Community-oriented, Real-time Engineering (CoRE) Network, Simula
Labs makes it easy for enterprises to manage the adoption of open-source technologies by collaborating with our customers through the same processes and tools that enable open-source development.
Additional information about Simula
can be found at its web site, www.
portfolio companies include LogicBlaze, an open source enterprise transaction platform company that provides development, support and services for the popular ActiveMQ project, and Mergere, a provider of open source software lifecycle management solutions.
Human-like test dummies of various sizes will be situated in seats throughout the train and instrumented by Simula
to measure crash forces.
Army's efforts with Simula
has been to work toward eliminating fatalities and significantly reducing serious injuries during the deployment of our tactical vehicle fleet around the world.
Estimates of merger consideration are subject to adjustment, and there is no floor or minimum on the merger consideration to be paid by Armor Holdings for each share of Simula
1 million dollars to Simula
Safety Systems to provide 275 CABS shipsets and 15 spare shipsets for the Army's Black Hawk fleet.