Mon, Aug 16, 2004
Completes acquisition of Boeing Commercial Electronics unit,
avionics and engine/flight control electronics technology
BAE Systems today
announced it has completed the acquisition of Boeing's Commercial
Electronics unit, a developer and producer of avionics products and
systems for commercial aircraft. The acquisition of the Commercial
Electronics unit will increase BAE Systems' already significant
presence in commercial aircraft subsystems.
The Commercial Electronics business, which had 2003 sales of
about $170 million, will become part of BAE Systems' Platform
Solutions Sector, which provides a broad range of capabilities and
products for commercial and military aircraft. Terms of the
transaction were not disclosed.
"With decades of experience in engine control and flight control
electronics on a broad range of commercial aircraft, BAE Systems is
very familiar with the needs of the civil aviation community," said
James Scanlon, Platform Solutions Sector president. "Commercial
Electronics is a highly capable organization, and we are proud to
welcome its employees into the BAE Systems family."
The Commercial Electronics business employs about 800 people in
Irving, Texas, and Everett, Wash., and operates equipment service
centers in London and Singapore.
The acquisition is consistent with BAE Systems' strategy of
acquiring profitable businesses with strong, differentiated
technology that will enable BAE Systems North America to bolster
its capabilities and provide integrated solutions for major
customers, Scanlon said. The Boeing unit will build on BAE Systems'
leadership in aircraft flight and engine control systems, adding
capabilities that include flight-deck systems, aircraft systems
control and monitoring, and data and electrical distribution.
BAE Systems will pursue opportunities to expand the business
base of the commercial unit--historically an internal supplier to
Boeing--by offering its capabilities to other customers.
More News
Also: Vertical Flight Society, NBAA Maintenance Conference, GA Honored, AMT Scholarship For the first time, students from Embry-Riddle’s Daytona Beach, Florida, campus took t>[...]
Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]
"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]
(FAA) Inspector Observed That Both Fuel Tanks Were Intact And That Only A Minimal Amount Of Fuel Remained In Each Analysis: According to the pilot, approximately 8 miles from the d>[...]
“Pyka’s Pelican Cargo is unlike any other UAS solution on the market for contested logistics. We assessed a number of leading capabilities and concluded that the Pelica>[...]
Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P
See All