BAE Systems to Acquire Ball Aerospace for $5.55B
BAE Systems’ planned acquisition of Ball Aerospace for $5.55 billion is expected to boost its position across a range of activities, notably the space sector.
Colorado-based Ball Aerospace employs 5200 people and has an annual turnover of $2.2 billion. The company produces spacecraft and mission payloads, besides being a systems supplier in the fields of communications, intelligence, missiles and munitions, among others.
The space and military portfolio makes up 70% of its business.
Subject to regulatory approval, BAE expects to complete the deal in the first half of 2024.
Safran Offers $1.8B Cash to Acquire Collins Aerospace's Flight Control Business
Israel Aerospace Acquires India’s HELA Systems
Romania in Talks with South Korea to Acquire K9 Howitzer
Hypersonics Flight Test Firm Stratolaunch acquires Bankrupt Virgin Orbit's 747 Aircraft
German Navy Completes Trials for Israel-developed BlueWhale Autonomous Submarine
Altay Tank Delivery to Turkish Military Set for 2025
Ukrainian ATACMS Attack Targets Russian S-400 Air Defense System
Bayraktar TB3 UCAV Completes Second Flight Test from TCG Anadolu
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...