BAE looking to offload US unit

BAE looking to offload US unit

September 4, 2021 jkdxfsgi 0

first_img John Dunne Show Comments ▼ whatsapp BAE looking to offload US unit Monday 13 September 2010 3:26 am Share whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com British defence company BAE Systems said it had hired advisors to sell its Platform Solutions business.“BAE Systems confirms that it has engaged Wells Fargo and JP Morgan to advise on strategic options with regard to the Platform Solutions business, including a possible sale,” the company said in a statement.“There can be no certainty that any transaction with respect to the Platform Solutions business will occur.”Sources told Reuters on Saturday that BAE was looking to sell part of its North American commercial aerospace business in an auction that could generate up to $2bn (£1.3bn).They added that possible bidders may include Goodrich Corp and Honeywell International, along with rival aerospace and industrial component manufacturers Rockwell Collins, Woodward Governor Co and Moog.Private-equity firms, such as Carlyle Group, Warburg Pincus and Greenbriar Equity Group LLC could also be keen, the sources said.BAE’s platform solutions business makes flight and engine controls, mission avionics, advanced display systems, and power management and energy systems for commercial and military customers.Platform Solutions employs some 4,200 people at sites worldwide. Tags: NULLlast_img

 

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