EDGE Group To Acquire Italian Propulsion System Developer

EDGE

EDGE expands propulsion expertise with CMD acquisition.

Credit: Getty Images
LONDON —Emirati defense firm EDGE Group has signed an agreement to acquire an Italian manufacturer of innovative propulsion systems, further growing the UAE defense company’s expertise in engines. EDGE announced May 14 that it plans to take a controlling stake in Costruzioni Motori Diesel S.p.A (CMD...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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