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
has bought
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 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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