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BAE Systems takes on software business

BAE Systems became the sole owner of a business specialising in software for the defence industry today after buying out GKN’s 50% stake for £14.5m (€21.6m).

BAE Systems takes on software business

Mon, 16 Aug, 2004 - 13:51

BAE Systems became the sole owner of a business specialising in software for the defence industry today after buying out GKN’s 50% stake for £14.5m (€21.6m).

The UK company already owns half of Aerosystems International, whose designs are used on the Eurofighter and Tornado planes, as well as ships and submarines.

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