French IT company Atos has confirmed that it is in discussion with Airbus over the potential sale of its data and cybersecurity business BDS for $1.97 billion, including debt. According to a Wall Street Journal report, Atos said it is in preliminary negotiations with the French aircraft maker. Airbus also confirmed that it had submitted a...
BAE Systems has agreed to acquire Ball Aerospace from Ball Corp. for $5.55 billion. Ball Aerospace manufactures spacecraft, instruments and sensors, laser remote sensing systems, and microwave technologies. On Bloomberg, an earlier report cited people familiar with the talks said a deal could be reached within the next couple of days. Ball first mentioned plans...
BAE Systems has acquired Malloy Aeronautics, a Berkshire, U.K.-based manufacturer of all-electric, heavy-lift drones for civilian and military users. Malloy’s drone variations have interchangeable capabilities, offering flexibility, cost-reduction and more secure operations than traditional UAS, BAE said. The company sees the purchase further accelerating Malloy’s drone development to meet global customers’ advanced technology requirements. FalconWorks, the...
