Finmeccanica battles American defense giants for Air Force contract
Competition heats up for a U.S. Air Force contract to build jet trainers.
Restructured BAE targets expansion
BAE Systems is focusing on growing segments of the market with its reorganized business unit.
BAE Systems sells off aerospace components company
BAE Systems has reached an agreement to sell its Composite Structures business to EnCore Composites Holdings Inc. Financial terms were not reported.
BAE Systems wins $93.2M flight training pact
Company will support Australian military with flight screening and basic flight training through 2017.
BAE wraps up purchase of Fairchild Imaging
BAE Systems Inc. has completed its acquisition of Fairchild Imaging Inc. by acquiring all remaining outstanding equity for $86 million in cash.
BAE secures twin-win DIA task orders worth $350M
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 wraps up purchase of L-1 intelligence trio
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 OK sale of L-1 units to French group
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.
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