• Military Menu                       

• Introduction
• Systems
• Facilities
• Agencies
• Industry
• Operations
• Countries
• Hot Documents
• News
• Reports
• Policy
• Budget
• Congress
• Links

• WMD
• Intelligence
• Homeland Security
• Space

BAE SYSTEMS Agrees To Sell Communications Equipment Facility

13 Sep 2002

BAE Systems North America and Integrated Defense Technologies today announced they have reached a definitive agreement under which Integrated Defense Technologies Inc. will acquire BAE Systems Advanced Systems' Gaithersburg Operation.

At the Gaithersburg Operation, located in Gaithersburg, Maryland, more than 300 employees design and manufacture high performance radio frequency surveillance equipment used in signals intelligence applications.

Closing of the sales agreement, negotiated at $146 million in cash, is expected to occur within 60 days, subject to completion of regulatory reviews and approvals.

Mark Ronald, Chief Operating Officer, BAE Systems plc, and President and Chief Executive Officer, BAE Systems North America, said the sale was made because the focus and strategy of BAE Systems North America is moving from component provider -- as represented by the RF surveillance equipment lines -- to systems integration. "The Gaithersburg Operation has a proven tradition of excellence in providing high quality and high performance RF solutions for the military and civilian signals intelligence community. We're confident the business and the talented workforce will be a superb fit with Integrated Defense Technologies," he said.

The Gaithersburg Operation has provided communications equipment in the area of receivers, tuners, cellular and wireless intercept, signal processing and direction for its customers for more than 40 years.

About BAE SYSTEMS:

BAE Systems is a systems company, innovating for a safer world. BAE Systems employs nearly 100,000 people including Joint Ventures, and has annual sales of around 13 billion. The company offers a global capability in air, sea, land and space with a world-class prime contracting ability supported by a range of key skills. BAE Systems designs, manufactures and supports military aircraft, surface ships, submarines, space systems, radar, avionics, communications, electronics, guided weapon systems and a range of other defence products. BAE Systems is dedicated to making the intelligent connections needed to deliver innovative solutions.

BAE Systems North America employs 22,000 people in the design, development, integration, manufacture and support of a wide range of advanced aerospace products and intelligent electronic systems for government and commercial customers.

The BAE Systems Advanced Systems business unit comprises facilities located in Mt. Vernon, New York; Braintree, Massachusetts; Lansdale, Pennsylvania; and Falls Church, Virginia; with headquarters in Greenlawn, New York. As the world's leading producer of IFF products, Advanced Systems currently produces military interrogators and transponders for airborne, shipboard, and air defense applications worldwide, and maintains a long history in the design, development and manufacturing of military communications, electronic identification, displays, antennas, and anti-submarine warfare products.

Integrated Defense Technologies is a leading developer and provider of advanced electronics and technology products to the defense and intelligence industries. For more information on Integrated Defense Technologies visit its Web site,
www.Integrateddefense.com