Britain’s Serco Group has completed its $20 million acquisition of U.S.-based BTP Systems in a deal that deepens its expertise in satellite communications and radar engineering services.The deal was first announced last October. BTP, which is based in Massachusetts, had about $20 million in sales in 2017 and earnings before interest, taxes, depreciation and amortization of about $3 million.BTP will be integrated within the C5ISR business unit of Serco’s U.S. operations. Serco said the acquisition supports its growth plan in the U.S.…
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Congress Updates
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