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Business/Financial

BAE Exploring Sale Of U.S. Government Services Businesses

By Cal Biesecker

Friday, April 24th, 2015

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BAE Exploring Sale Of U.S. Government Services Businesses

The geospatial intelligence products of BAE's I&S sector are not part of a strategic asset review. Picture: BAE Systems

Britain’s BAE Systems plc on Friday said it is exploring the divestiture of its businesses in the United States that provide a range of intelligence, information technology (IT), and technical services mainly to the U.S. government.The spare announcement was made as part of regulatory requirements in the United Kingdom. The company said it regularly reviews its business to make sure they are “aligned with key markets and to maximize value for customers” and that the particular businesses within the Intelligence…

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