MBB =Magnetic Blow-out Circuit Breaker 磁性熄弧断路器
- MBB was added to a rapid succession of technology and aerospace acquisitions in 1985, when AEG AG, MTU and Dornier were taken aboard.
- MBB, which is a subsidiary of West Germany's largest industrial group, Daimler-Benz AG, and Aerospatiale said they plan to set up a French holding company to be called Eurocopter S.A. to house the partners' respective helicopter operations.
- But it doesn't appear that they would squawk if the MBB subsidy dooms a peaceable settlement to the Airbus dispute.
- MBB and Endo-Lase also have agreed to drop their claims against each other.
- Analysts suggest Daimler-Benz has priorities other than acquiring MBB, which produces aerospace and defense products and had 1987 sales of 6.2 billion marks.
- But the collaboration bred a culture epitomized by a sign in an MBB hangar in Augsburg: "Cost consciousness at MBB is a foreign word."
- But the collaboration bred a culture epitomized by a sign in an MBB hangar in Augsburg: "Cost consciousness at MBB is a foreign word."
- There are inefficiencies stemming from MBB's involvement in mostly collaborative ventures such as Airbus.
- Besides MBB, which is owned by a group of companies and isn't publicly traded, the members of the Airbus consortium are British Aerospace PLC, Aerospatiale of France and Construcciones Aeronauticas S.A. of Spain.
- With MBB, Daimler already controls more than 60% of West Germany's aeronautics technology.
- Daimler-Benz's chairman, Edzard Reuter, repeatedly has said that coverage against the Airbus risk is an "essential condition" if the company is to assume control of MBB.
- If for some reason either MBB or Shorts pulled out, there would be others," Mr. Steijn said.
- Thus, Dornier's airplanes and MBB's participation in Airbus will be grouped into the aircraft division, while pieces of various companies' satellite and space activities will be funneled into the space division.
- "We have given our sales force to Airbus Industrie," says Hartmut Mehdorn, president of MBB's transport aircraft group and an Airbus executive board member.
- Yeutter's statement followed the Bonn government's decision to take over an increased share of Messerscmitt-Boelkow-Blohm (MBB), the weapons producer which is the parent company of Duetsche Airbus, the German Airbus consortium partner.
- MBB, which is 42.5%-owned by the German states of Bavaria, Hamburg and Bremen, had a loss of 103.7 million West German marks ($57.2 million) in 1986.
- Aerospatiale and MBB GmbH each own 37.9 percent of Airbus, while British Aerospace owns 20 percent and CASA 4.2 percent.
- MBB would take over the Bonn holding by the end of 1999.
- The state of Hamburg recently swapped its 7% stake in MBB for a piece of Deutsche Aerospace, Mr. Schrempp said.