Hensoldt Buys Competitor ESG For €675 Million


Credit: Airbus
German defense electronics firm Hensoldt is snapping up its domestic competitor ESG for €675 million ($729 million). Hensoldt, which itself was spun out of the defense electronics business unit of the Airbus Group in 2017, signed an agreement on Dec. 5 to purchase ESG–short for Elektroniksystem -und...

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