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
Hensoldt to Provide Radars, Air Traffic Management Systems for Royal Fleet Auxiliary...
Ukraine to Receive Hensoldt TRML-4D Surveillance Radars
Rheinmetall Presents First Heavy Weapons Carrier Prototype to the German Army
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...
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...
China’s “Moderate” 2024 Defense Budget Hides Frenetic Military Build-up
China on Tuesday revealed a draft defense budget draft for 2024 amounting to 1