Exact(8)
The magazine said some people in the German government were concerned the merger might threaten the country's lead in top aerospace technologies.
Khosla Ventures, a venture capital firm controlled by Vinod Khosla, a co-founder of Sun Microsystems, has invested in Pax Streamline, maker of turbines, heating and air-conditioning systems, and aerospace technologies.
He had been studying a rapidly cooled mix of aluminium and manganese, an alloy with potential uses in aerospace technologies, and saw something that was forbidden according to known chemistry.
Although a little over half of the new entity's sales will be non-military, lawyers say that because of the dual uses of aerospace technologies, there should not be a problem.
Second, unlike much civilian R.&D. in industries such as green energy, the private-sector investment in cutting-edge defense and aerospace technologies would not occur but for a long-term and reliable government partner.
Many new aerospace technologies are highly capital- and labour-intensive, have long development timelines, serve markets that are nascent (if they exist at all) and rely on launch systems that can be slow, expensive and unreliable.
After I.B.M., his statistics show that the next four companies, in descending order of influence, are Harmon International, the maker of audio and electronic systems; Altera, the semiconductor company; the Ball Corporation, which provides packaging for consumer products and aerospace technologies for commercial and governmental customers; and Cooper Tire and Rubber.
Workhorse builds commercial, hybrid electric trucks, batteries and develops aerospace technologies as well.
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