SINGAPORE — Swiss defense company Ruag has acquired Australia’s Rosebank Engineering. Ruag says it has bought 100% of the defense company for an undisclosed sum, and that the acquisition will boost Ruag’s presence in the Asia-Pacific region. Rosebank has 154 employees, mostly based in Melbourne. It recently established a joint venture in India, VyoneeshRosebank, that aims to provide maintenance, repair and overhaul (MRO) services to the Indian military as well as some component ...

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