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Sunday, February 16, 2025

Marine Electronic Giants To Merge Operations

Maritime Activity Reports, Inc.

July 8, 1999

SAIT-RadioHolland is merging its marine activities with those of German STN Atlas, part of the Rheinmetall Group. The 50/50 joint venture has been named EuroMarine Electronics.
The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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