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Textron to acquire Overwatch Systems

Washington, Usa - For USD 325 million

In a move to extend core capabilities in its aerospace and defense business, Textron Inc. announced that its Textron Systems unit has reached an agreement to acquire Overwatch Systems for a purchase price of approximately $325 million. Overwatch Systems is a leading developer and provider of intelligence analysis tools and communications products for the U.S. Department of Defense, the Department of...

fra/pec - 67881
Rome, Italy, 10/30/2006 12:06
AVIONEWS - World Aeronautical Press Agency

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