BAE Systems' new U.S. chief broadens push into land systems, while dismissing talk of a mega-merger
BAE Systems' $4.5-billion deal to purchase Florida-based Armor Holdings would position the global defense giant as the Pentagon's sixth-largest contractor while furthering its expansion into the land systems market by adding wheeled combat vehicles to its core tracked vehicle business. If the acquisition wins regulatory approval it would add more than $3 billion to BAE's U.S. sales, which reached $11 billion last year, and move the London-based company close to its goal of generating half ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "New U.S. Chief Broadens BAE Push Into Land Systems".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.