Tenix sells defence business to BAE Systems Australia

March 2008
Ausmarine;Mar2008, Vol. 30 Issue 5, p19
Trade Publication
The article reports that Tenix is selling its entire defence business to BAE Systems Australia which is a subsidiary of BAE Systems (BAES) of Great Britain. However, the sale is still subject to regulatory and other approval and will be finalised between January and June of 2008. BAES is a worldwide defence and aerospace company providing products and services for air, land and naval forces and advanced electronics, information technology solutions and customer support services.


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