FCS 'tech base' key to BAE/United Defense merger
Article Abstract:
The BAE Systems purchased United Defense Inc. in a $4.2 billion deal, which would help BAE capture opportunities driven from what executives see as greater Pentagon support for the Army. The BAE System's executives believe that the acquisition would bolster BAE on several fronts, including the technology that United Defense was in the process of developing for the Army's major Future Combat Systems program.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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United Defense exec 'confident' BAE deal will win approvals
Article Abstract:
United Defense Inc. (UDI) President and Chief Executive Officer Thomas Rabaut stated that executives are 'confident' about the planned acquisition of his company by U.K.-based BAE Systems would clear government regulatory review. The United Defense acquisition would be reviewed and approved under two regulatory processes involving the departments of Justice and Defense is one of them.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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BAE chief calls for closer U.S./U.K. tech ties
Article Abstract:
Dick Olver, chairman of the U.K.-based defense contractor BAE Systems, has called for a closer alliance between the UK and the US militaries to drop barriers to technology cooperation between the two countries. BAE Systems has strengthened its transatlantic position with the acquisition of the U.S.-based company United Defense.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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