Development, manufacture and distribution of electronic devices, in particular fuzes for medium and large caliber ammunition and missiles, as well as provision of services in these fields. May establish branch offices and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, conduct all business directly or indirectly related to its purpose, acquire, encumber, sell and manage real estate in Switzerland and abroad, further provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties.