BAE Systems has entered into a definitive agreement to acquire Fairchild Imaging Inc., a privately held company specializing in solid-state electronic imaging components and systems for scientific imaging applications.
Brian Sheridan has joined BAE Systems’ Intelligence & Security sector as vice president and deputy general manager of strategic initiatives and global business, a newly created position. He will report to sector president John Gannon.
BAE Systems PLC is purchasing the Danish cyber and intelligence company ETI A/S, a provider of advanced technology products and services to government and commercial clients worldwide.
BAE Systems has tapped newcomer Jordan Becker to lead its geospatial intelligence and intelligence, surveillance and reconnaissance business unit. He will report to John Gannon, president of the Intelligence and Security sector.
BAE Systems Inc. has named Paul Falkler to lead its Cyber Security Solutions business group. He will report to John Gannon, president of the Intelligence and Security sector.
BAE Systems will modernize the Defense Intelligence Agency information system under a five-year award that has a $300 million ceiling.
BAE Systems Inc. will support the Pension Benefit Guaranty Corporation with call center assistance under a five-year contract valued at $10.8 million.
BAE Systems Inc. will provide critical information security safeguards to the FBI under a $40 million task order awarded on the five-year, indefinite delivery, indefinite quantity Information Assurance Program Support contract vehicle, which is valued at $134 million.
Safran, an international high-technology group whose core businesses are in aerospace, defense and security, is buying a scaled-down L-1 Identity Solutions Inc., after the sale of L-1’s intelligence units to BAE Systems Inc. The M&A deals are worth more than $1.6 billion.
BAE Systems is acquiring Oasys Technology, a private company that specializes in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets.
Experts say M&A activity is continuing throughout the recession, but having fewer dollars to spend makes buyers more particular and focused.
Lawrence Prior III, whose resignation as president and chief operating officer of ManTech International Corp. was announced today, is joining BAE Systems as executive vice president, according to a BAE announcement today.