Acquisition

RNS Number : 5574T

BAE SYSTEMS PLC

08 June 2009

 

BAE Systems completes acquisition of Advanced Ceramics Research, Inc.  

        8 June 2009

BAE Systems today completed its acquisition of Advanced Ceramics Research, Inc. 

Advanced Ceramics Research, Inc., a privately held company based in Tucson, Arizona is a producer of small Unmanned Aircraft Systems (UAS) and advanced materials.  

The acquisition supports BAE Systems' global UAS strategy. The acquisition provides BAE Systems with mature, operational products within the small/mini and tactical UAS arena. The addition of these smaller UAS platforms complements the larger UAS platforms being developed by BAE Systems in the United Kingdom.

Issued by:

BAE Systems plc

London

 

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