BAE Buys Advanced Ceramics Research

Marino, Jonathan
March 2009
Mergers & Acquisitions Report;3/16/2009, Vol. 22 Issue 11, p16
The article reports on the acquisition of unmanned aircraft producer Advanced Ceramics Research by British defense company BAE Systems in a stock purchase transaction. Walt Havenstein, president and chief executive officer (CEO) of BAE Systems, Inc., said the deal gives BAE a set of mature, operational products within the Small/Mini and Tactical unmanned aircraft system (UAS) market.


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