BAE in €3.4bn takeover deal

Defence and engineering group BAE Systems today extended its presence in the US defence sector with the €3.4bn acquisition of Armor Holdings.

BAE in €3.4bn takeover deal

Defence and engineering group BAE Systems today extended its presence in the US defence sector with the €3.4bn acquisition of Armor Holdings.

Armor, which is based in Jacksonville, Florida, is a major manufacturer of military vehicles and body armour for the military and security forces.

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