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BAE Systems to buy Collins Aerospace military GPS, Raytheon’s radios

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Christian Fernsby ▼ | January 20, 2020
BAE Systems announced that it has entered into a definitive asset purchase agreement to acquire Collins Aerospace’s Military Global Positioning System business for $1.925bn in cash, subject to customary closing adjustments.
BAE Systems
Acquisition   BAE Systems
As an asset purchase there is an expected tax benefit of c.$365m.

Topics: BAE Systems Collins Aerospace Raytheon

BAE Systems has also entered into a definitive Asset Purchase Agreement to acquire Raytheon’s Airborne Tactical Radios business for $275m in cash, subject to customary closing adjustments.

As an asset purchase there is an expected tax benefit of c.$50m.

Completion of both acquisitions are subject to successful closure of the Raytheon-United Technologies Corporation (UTC) merger, as well as customary regulatory approvals and conditions.


 

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