BAE SYSTEMS COMPLETES ACQUISITION OF NATIONAL SENSOR SYSTEMS
16 Oct 2006
ROCKVILLE, Md. BAE Systems today completed its acquisition of Acton, Mass.-based National Sensor Systems following receipt of regulatory approval. With the $8.7 million cash transaction, BAE Systems adds advanced competencies in its remote sensing, photonics and laser communications technologies.
"National Sensor Systems has nationally recognized expertise in delivering highly advanced electro-optical systems", said Dr. Ramy Shanny, general manager of BAE Systems’ Advanced Technologies business area in Washington, D.C. "These systems include stabilized gimbals, turrets, laser communications, and airborne optical systems."
National Sensor Systems’ engineers and scientists specialize in end-to-end design and manufacture of advanced systems and enabling technologies. The business will be integrated into the Advanced Technologies business area.
"National Sensor Systems’ technology edge in precision pointing and stabilization adds a new critical technology to BAE Systems’ rich technology portfolio," Shanny said. "Their expertise will be a valuable asset across BAE Systems."
About BAE Systems
BAE Systems is the premier transatlantic defense and aerospace company, delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services. BAE Systems, with more than 86,000 employees worldwide, had 2005 sales that exceeded $28 billion.
For more information, please contact:
Joan Ferguson, BAE Systems
Tel: + 1-603-885-2816
joan.ferguson@baesystems.com
John Measell, BAE Systems
Tel: + 1-703-907-8261 Cell: + 1-703-405-5010
john.measell@baesystems.com
Issued by:
BAE Systems, Farnborough, Hampshire GU14 6YU, UK
Tel: +44 (0) 1252 384719 Fax: +44 (0) 1252 383947
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