Subscribe free to our newsletters via your
. Military Space News .




MILPLEX
BAE Systems plans purchase of spy products provider
by Richard Tomkins
Arlington, Va. (UPI) Dec 12, 2014


disclaimer: image is for illustration purposes only

BAE Systems plans to expand its portfolio of intelligence, surveillance and reconnaissance products and services with the acquisition of a Texas-based company.

An agreement for the sale of Eclipse Electronic Systems Inc. was signed with Esterline Corporation, Eclipse's parent company.

"This proposed acquisition fully aligns with BAE Systems' strategy to invest in advanced technologies critical to U.S. national security and defense needs," said Tom Arseneault, chief operating officer at BAE Systems Inc. "By combining Eclipse Electronic Systems' products with BAE Systems' existing ISR capabilities, we will be able to support our customers' requirements for reliable, smaller, lighter, and more power-efficient sensor solutions to capture and harness actionable intelligence."

The proposed transaction, which is subject to U.S. regulatory approval, is anticipated to close in the first quarter of next year.

BAE Systems said the cash deal is for about $28 million, subject to closing adjustments.

Eclipse Electronic Systems provides highly-advanced intelligence, surveillance, and reconnaissance products and services to the U.S. defense and intelligence communities.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

.


Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





MILPLEX
US House passes $584 bn defense bill, Senate vote due
Washington (AFP) Dec 04, 2014
The House of Representatives adopted an annual US defense spending bill Thursday which includes emergency funding for military operations against Islamic jihadists in Iraq and Syria, as requested by President Barack Obama. The Senate still must pass the legislation - outlining $584.2 billion in federal military spending for fiscal year 2015, which began on October 1 - before Congress adjou ... read more


MILPLEX
Russian space-based ABM system on-track for 2020 launch

Chinese Hypersonic Strike Vehicle May Overcome US Missile Defense: Expert

Raytheon building air and missile defense center for Qatar

India test fires nuclear capable strategic missile

MILPLEX
40,000th Javelin ant-armor missile produced

Taiwan develops new missiles to counter China's threat

RAF launches Paveway guided bombs from Eurofighter Typhoon and F-35

Brazil, Russia in talks on air defense system

MILPLEX
Top pilot sees risk in unregulated US drones

Drone revolution hovers on the horizon

Army taps AeroVironment for continued Switchblade support services

Amazon warns it could take drones testing elsewhere

MILPLEX
SES Demonstrates O3b Satellite Technology for US Govt Customers

LockMart completes environmental testing on 4th MUOS bird

Harris Corporation supplying Falcon III radios to Canadian military

GenDyn Canada contracted to connect military to WGS system

MILPLEX
Rapiscan adds CounterBomber distance threat detector to portfolio

Lockheed Martin opens innovation center in Abu Dhabi

Saab supplying shoulder-fired rocket system to French forces

Dutch sell combat vehicles to Estonia for 100 mln euros

MILPLEX
New Pentagon chief inherits friction with White House

Northrop Grumman expands operations in Australia

US House passes $584 bn defense bill, Senate vote due

Raytheon to provide Qatar with IAMD Command and Control System

MILPLEX
Sweden bolsters military over 'Russian rearmament'

Ukraine peace talks delayed but ceasefire largely holds

Philippines leader's visit to S. Korea on again as storm departs

NATO intercepts Russian bombers over Baltic Sea

MILPLEX
'Giant' charge density disturbances discovered in nanomaterials

LLNL team develops efficient method to produce nanoporous metals

Thin film produces new chemistry in 'nanoreactor'

Ultra-short X-ray pulses explore the nano world




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.