Sign In
Search
Business/Financial

BAE To Acquire Tenix To Expand Defense Business In Australia

DDN
SHARE:

Britain's BAE Systems said last recently it has agreed to acquire the defense businesses of Australia's Tenix Group for up to $695.8 million in cash in a deal that would more than double the company's presence in Australia. BAE said the acquisition is a significant step in its strategy to be the premier global defense and aerospace company and would make it the largest in-country defense supplier to the Australian Defence Forces. Once the deal closes, which is expected to…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Nuclear Modernization

Korte Construction Awarded $52.4 Million Contract For Nuclear Command Facility

Advanced / Transformational Technology

Shield AI’s Hivemind Used In Autonomous USV Teaming In U.K. Demo

Navy/USMC

Navy Previews MUSV Phase II Project

Navy/USMC

Navy Establishes New Robotic And Autonomous Warfighting Development Center

Trending

Defense Watch: Munitions Shortages, IVEWS LRIP, Satellite Infrastructure
Lockheed Martin Vectis To Have ‘Almost F-35 Like Capabilities’
Greenland Agreement Allows For Golden Dome System
Pentagon Program Selects 17 Companies To Compete In Drone Bomber Qualifier
Northrop Expands B-21 Production Capacity With New Utah Facility

Congress Updates

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]

Missile Defense

Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]

Navy/USMC

HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume