• SFIM repurchases defense optics unit from Matra

    In July, Matra (Velizy, France) sold its defense optics and electrooptics unit to the Société de Fabrication d`instruments de Mesure (SFIM, Velizy, France) for an undisclosed amount. The sale was seen as part of the general restructuring of the French defense and space industries. The 106person grou¥will stay in Velizy but has been renamed SFIM Optronique pour la Defense et le Spatial and will be owned by SFIM`s optics subsidiary REOSC (St. Pierre du Perray, France).
    Nov. 1, 1994

    SFIM repurchases defense optics unit from Matra

    Delayed contracts cause furloughs at Itek

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