BAE Systems to buy Colorado-based Ball Aerospace for $5.55bn
August 17, 2023
LONDON — BAE Systems is moving to buy leading U.S. space and defense supplier Ball Aerospace, marking the Britain-based company’s biggest-ever acquisition.
The $5.55 billion deal will boost BAE’s position across a range of activities, notably the space sector, where Ball is a top-ranked supplier of spacecraft, mission payloads and other systems. The space and military portfolio makes up 70%…