BAE Agrees to Buy DigitalNet for &#36;600M
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British defense contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.
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BAE Systems North America Inc. will buy DigitalNet Holdings Inc., for about $600 million, including DigitalNetâs $93.25 million debt, the two companies announced Saturday.
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BAE Systems advised its shareholders to sell the British defence group's 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 2.75 billion euros (3.5 billion dollars).
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BT Group will buy California-based Infonet Services Corp for $965 million in cash to expand in the United States and Asia, the UK&#39;s dominant fixed-line company said on Monday.
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BT Group PLC is trying for a third time to crack the US market with the purchase of Infonet Services Corp. for a massive US$965 million.
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BAE Systems has announced that shareholders have backed the proposed sale of its 20-percent holding in troubled European aircraft maker Airbus to Paris-based peer EADS.
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Defence firm BAE Systems will next week clinch a 20-billion-pound deal to supply 72 Eurofighter Typhoon jets to Saudi Arabia, a report said Friday.
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BERLIN -- Industrial group Siemens AG said Friday it has signed a $3.35 billion contract to deliver technology services around the world to the British Broadcasting Corp.
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LONDON  - British defence contractor BAE Systems PLC said Monday it is buying DigitalNet Holdings Inc., a U.S. maker of secure computer networks and a leading information-technology supplier to the Pentagon.
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BAE Systems will agree to sell its 20 percent stake in Airbus to the Franco-German aerospace firm EADS for 1.9 billion pounds (2.8 billion euros, 3.6 billion dollars).
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In a move to strengthen its position as a global provider of IT and networking services, BT Group PLC has agreed to buy U.S.-based Infonet Services Corp., the companies announced Monday.
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Telecoms operator BT Group said it had agreed to buy Californian voice and data network service provider Infonet Services Corp for 965 million dollars (520 million pounds).
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Diversified U.S. manufacturer Honeywell has agreed to buy Novar Plc, a British industrial holding company, for 798 million pounds (&#36;1.53 billion), a source familiar with the situation said on Sunday.
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Shares of Herndon-based government information technology contractor DigitalNet gained as much as 27 percent in Monday trading, after a weekend buyout offer from BAE Systems.
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British defense firm BAE Systems  won shareholders' backing on Wednesday to sell its stake in planemaker Airbus to EADS , which a day earlier said a fresh delay in the A380 superjumbo would hit earnings.
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UK defence giant BAE has acquired a leading American IT supplier to the Pentagon at a cost of $600m (Â£334m). Virginia-based DigitalNet provides services to US federal government agencies, including the Departments of Defense and Homeland Security.
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The company on Tuesday announced that it&#39;s acquiring privately held security equipment maker Net6 for $50 million in cash. The acquisition, which is expected to close in the fourth quarter of 2004, will thrust