Sunday, 20 April 2014
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Cobham buys BAE Systems division

Aerospace and defence company Cobham has bought BAE Systems’ US-based Surveillance and Attack business unit for £124m

Aerospace and defence company Cobham has bought BAE Systems’ US-based Surveillance and Attack business unit for $240m (£124m) in cash.

Cobham has renamed the Lansdale, Pennsylvania-based unit Sensor and Antenna Systems, Lansdale (Lansdale) and will integrate it into the company’s enlarged Defence Electronic Systems Division (CDES).

Lansdale develops electronic warfare (EW) and supplies EW subsystems for military aircraft. The equipment is used primarily for standoff radar and communication jamming, and self-protection radar warning on US military aircraft.

Cobham said it expects the acquisition to start making a profit for the company from the outset.

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