Airbus Completes Sale Of Defense Electronics Business

LONDON—Airbus has completed the sale of its Germany-based defense electronics businesses to investment company KKR. Under the €1.1 billion ($1.2 billion) deal approved by the German regulators on Feb. 28, KKR has purchased 74.9% of Airbus’ electronics and border security business, which formally...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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