Biggest UK weapons maker inks $5.6 billion purchase ...News

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Biggest UK weapons maker inks $5.6 billion purchase
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BAE Systems is expanding further into the US with the acquisition of the aerospace division of Ball Corporation, FT reports British defense contractor BAE Systems has agreed to acquire the aerospace division of US Ball Corporation in a $5.55 billion cash deal, the Financial Times reported on Thursday.  According to the outlet, citing BAE, the acquisition would add more than $2 billion in annual revenues for the UK-based defense company. The deal is expected to be closed in the first half of 2024. Ball, which makes mission-critical space systems and defense technologies, has “strong growth potential in areas aligne

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