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18 August 2023
by Marc Selinger
Ball Aerospace builds the Weather System Follow-on – Microwave (WSF-M) environmental satellite for the US Space Force. (Ball Aerospace)
BAE Systems plans to expand its presence in the fast-growing space market by acquiring satellite manufacturer Ball Aerospace for GBP4.3 billion (USD5.6 billion) in cash, the UK-based defence contractor announced on 17 August.
Headquartered in the US state of Colorado, Ball Aerospace builds satellite buses and the instruments and sensors that go aboard spacecraft. Its non-space products include the communications, navigation, and identification antenna suite for the Lockheed Martin F-35 Lightning II Joint Strike Fighter, and the ship-based, threat-detecting SeaSparrow/Stalker long-range sensor system. Its customers include the US Department of Defense, US Intelligence Community, and NASA.
“The proposed acquisition presents a really unique opportunity to add a high-quality, technology-focused business with hugely relevant capabilities” to BAE Systems’ existing multidomain portfolio, BAE Systems chief executive Charles Woodburn said during a conference call with analysts.
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