BAE Systems
recently reached a definitive agreement with
National Sensor Systems(NSS) to purchase all of the shares of the company for $8.7m in cash.
NSS, a privately held company based in
Walt Havenstein, president of BAE Systems Electronics & Integrated Solutions headquartered in Nashua, New Hampshire, said, ‘NSS’ technology expertise will help BAE Systems expand its capabilities in airborne sensors, electronic warfare and communications. In turn, we expect to take that expertise to the next level of innovative performance.’
The parties expect to close the transaction promptly upon receipt of regulatory approvals.
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