BAE to sell US arm

BAE Systems is in talks to sell the Connecticut-based power and control arm it acquired when it bought Marconi Electronic Systems. The disposal of the operation, which supplies fuel pumps for large aircraft, is part of BAE’s drive to streamline. Potential buyers of the £75m facility include United Technologies of the US, Zodiac of France […]

BAE Systems is in talks to sell the Connecticut-based power and control arm it acquired when it bought Marconi Electronic Systems. The disposal of the operation, which supplies fuel pumps for large aircraft, is part of BAE’s drive to streamline. Potential buyers of the £75m facility include United Technologies of the US, Zodiac of France and UK firm Cobham.