BAE buys IT supplier to Pentagon
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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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European Aeronautic Defence and Space Company NV, the parent of aircraft maker Airbus, has acquired US military electronics company Racal Instruments Inc.
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U.S. antitrust authorities said on   Tuesday they had approved plans by Lockheed Martin Corp.   LMT.N to buy privately held military support and training   company Pacific Architects and Engineers Inc.
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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.
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A trans-Atlantic bid from US firm Lockheed Martin wins the contract to supply President Bush's helicopters.
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Defense contractor Raytheon Co. said Wednesday that it purchased privately held Photon Research Associates Inc., a provider of physics-based modeling services for government customers.
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DEFENCE giant BAE Systems was yesterday preparing to play a more central role in the war on terror after acquiring a leading IT supplier to the Pentagon.
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Science Applications International Corp  has won a one-year contract valued at up to $1.05 billion to provide maintenance, repair and operations supplies to the Army, Air Force, Navy and Marine Corps, the Pentagon said on Monday.
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British defense contractor BAE Systems PLC said Tuesday that its U.S. subsidiary will acquire software maker Alphatech Inc. for &#36;88 million cash.
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Northrop Grumman Corp. (NOC.N: Quote, Profile, Research) and BAE Systems PLC (BA.L: Quote, Profile, Research) were tapped by the Bush administration on Wednesday to develop
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British defense firm BAE Systems has agreed to pay $600 million (333.7 million pounds) for DigitalNet Holdings, a maker of secure Pentagon computer networks, the companies say in a weekend statement.
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BAE gave Prince Bandar of Saudi Arabia an airliner as part of Britain's al-Yamamah arms deal, and the arms firm is still paying the expenses of flying it.
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BAE Systems PLC, Europe&#39;s largest military company, said yesterday that it had agreed to acquire DigitalNet Holdings for $494.
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The US Justice Department has opened an investigation into BAE Systems , one of the world's largest arms makers, which has been accused of funneling money to a Saudi prince to help win an $86 billion weapons deal.
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US defence manufacturers Boeing and Lockheed Martin are interested in acquiring British defence companies with the aim of winning more defence contracts from the British government, media reported.
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The Ministry of Defence has awarded a Â£160m contract to BAE to design and develop Hawk trainer jets.
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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).