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BAESY - BAE spends $2.2B on electronics acquisitions
BAE Systems plc ADR
Looking to expand its U.S. electronic systems business, BAE Systems (OTCPK:BAESY) has agreed to buy Collins Aerospace's (NYSE:UTX) Military Global Positioning System for $1.925B in cash, as well as Raytheon's (NYSE:RTN) Airborne Tactical Radios division for $275M.
More news on: BAE Systems plc, United Technologies Corporation, Raytheon Company, Merger & acquisition news,