HELLENIC COMPANY FOR SPACE APPLICATIONS S.A. (HCSA) was established
in 1995, in Athens, Greece. Since June 1999, the shareholders
of the Company are the HELLENIC AEROSPACE INDUSTRY (HAI), FINMECCANICA
S.P.a - ALENIA AEROSPAZIO, and COMERSA Ldt.
HCSA is specialising in the following lines of businesses
- Systems Engineering and integration in the fields of Telecommunications
and Computer Science
- Terrestrial and Space-based Telecommunications commercial
- Engineering R&D and consulting in the scientific areas
of Aerospace, Electronics, Telecommunications, advanced Information
Technologies and Earth Observation applications
- Terrestrial and Space-based Earth Observation (EO) commercial
operations, including optical and radar imagery.
Within the framework of HCSA objectives and with the new agreement
with HAI, HCSA assumes a more formal engineering R&D role
in the Greek Aerospace sector, and has also access to all existing
industrial facilities of HAI.
HCSAs major business sector, i.e., that of concluding
major contracts with national and/or international customers
in the Space Systems and Aeronautics sectors, involves the preparation
of bids, which is actually an extremely tedious, time-consuming
and complex task. It requires 2-3 calendar months minimum preparation
and usually more than 12 man-months effort, without including
negotiations time, clarification of specification and special
requirements. A large portion of this work is consumed in searching
technical and economical data, communicating in person with appropriate
suppliers and verification.
HCSA will also play a key role in exploiting and disseminating
the results of the currently proposed project to one of its founding
companies, namely HAI.
HAI has recently started the conversion of its MIS (management
information system) into one of the most well known ERP Systems.
Therefore, HCSA expects from the application of PRIMA tools and
method, to also assist HAI in some of the implementations issues
of HAIs new ERP system with the aim to improve the bidding
procedure in which HAI is involved.
It is thus, a prime task for HCSA, to disseminate the results
of the PRIMA project to the main aerospace industry in Greece,
namely HAI, which in turn will also improve its entire bidding
process in national and international bids, and considerably
reduce bidding process response time, bid quality and accuracy.
It is anticipated that a reduction of time in bid preparation
of the order of 30% is a feasible target. This in turn could
lead to an overall bid preparation cost reduction of 40% for
HAI (this translates, on an annual basis, in economies of over
Finally, HCSA and HAI, through their close affiliation, intend
to exploit the PRIMA results further, regarding their co-operation
plans on the Greek and International Aerospace markets and Projects.