Brussels, 04/11/2002 (Agence Europe) - The European Commission has authorised the creation of a joint venture by Société nationale des poudres et explosifs (SNPE) and the European aerospace and defence firm MBDA, consolidating their respective activities in solid rocket motors for tactical military devices. SNPE is a French state-owned company which jointly controls, with EADS, the French enterprise Celerg International. MBDA is jointly controlled by UK-based BAE Systems plc, the European...