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Business/Financial

Babcock’s VT Group Acquires Evergreen Unmanned Systems

DDN

Wednesday, September 29th, 2010

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VT Group yesterday said it has acquired Evergreen Unmanned Systems, extending the company's aviation support capabilities into the growing market for unmanned aircraft systems (UAS). Terms of the deal were not disclosed. VT Group is the United States-based division of the British engineering services firm Babcock International. Babcock acquired VT Group in March (Defense Daily, March 25). Evergreen Unmanned Systems is part of Evergreen International Aviation, Inc. "Over the next 10 years, the UAS market is on pace to more…

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