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Airbus Group to sell Defence Electronics to KKR

Amsterdam, Holland - For € 1.1bn

Airbus Group has reached agreement with KKR, a global investment firm, to sell its defence electronics business (Defence Electronics), a global provider of mission-critical sensors, integrated systems and services for premium defence and security applications based in Ulm, Germany. This is a significant step forward in the portfolio reorganisation announced by the Airbus Defence and Space Division...

fra/pec - 1174025
Rome, Italy, 03/21/2016 10:15
AVIONEWS - World Aeronautical Press Agency

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