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Ball Aerospace

All articles tagged with #ball aerospace

businesstechnology1 year ago•2 min saved

"BAE Systems Completes Acquisition of Ball Aerospace After Regulatory Approval"

BAE Systems has received regulatory approvals to finalize its $5.5 billion acquisition of Ball Aerospace, with the deal expected to close in the coming days. Once completed, Ball Aerospace will become a fourth operating sector of BAE Systems Inc., known as Space & Mission Systems, incorporating its employees and Colorado manufacturing facility. The acquisition will enable Ball Aerospace to pursue larger programs and tap into BAE's expertise and global supply agreements, while both companies continue to monitor federal budget uncertainty for fiscal year 2024.

via SpaceNews|

#acquisition #bae-systems #ball-aerospace

business2 years ago•1 min saved

BAE Systems Acquires Ball Aerospace in $5.6 Billion Deal

UK defense contractor BAE Systems has agreed to acquire Ball Aerospace, the aerospace division of Ball Corporation, for $5.6 billion in cash. The deal, expected to close in the first half of next year, is subject to regulatory approval. Ball Aerospace, known for manufacturing spacecraft and specialized aerial systems, has key customers such as NOAA, the Pentagon, and U.S. intelligence agencies. The acquisition will add a high-quality, fast-growing technology-focused business to BAE Systems' core operations and help Ball Corporation reduce its debt.

via CNBC|

#acquisition #aerospace-division #bae-systems

business2 years ago•1 min saved

BAE Systems Acquires Ball Aerospace in $5.6 Billion Deal

BAE Systems, a British defense company, is set to acquire Ball Aerospace, a leading US space and defense supplier, in a $5.55 billion deal. The acquisition will strengthen BAE's position in the space sector, where Ball is a top-ranked supplier. The deal is subject to regulatory approval and is expected to be completed in the first half of 2024.

via Defense News|

#acquisition #bae-systems #ball-aerospace