BAE Systems has reached an agreement to sell its Composite Structures business to EnCore Composites Holdings Inc. Financial terms were not reported.
Company will support Australian military with flight screening and basic flight training through 2017.
BAE Systems Inc. has completed its acquisition of Fairchild Imaging Inc. by acquiring all remaining outstanding equity for $86 million in cash.
BAE Systems Inc. has won a pair of competitive task orders from the Defense Intelligence Agency, under the Solutions for the Information Technology Enterprise (SITE) contract, totaling approximately $350 million.
BAE Systems Inc. has completed its acquisition of L-1 Identity Solutions Inc.’s Intelligence Services Group, which comprises SpecTal LLC, Advanced Concepts Inc. and McClendon LLC. The purchase price was approximately $297 million.
Stockholders of L-1 Identity Solutions Inc. have approved the previously announced merger with Safran SA. The Paris-based firm is buying a scaled-down L-1, following the pending sale of its Intelligence Services Group to BAE Systems Inc.
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.