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Proposed acquisition of Collins Aerospace’s Military GPS business

And Raytheon’s Airborne Tactical Radios business

BAE Systems announces that it has entered into a definitive Asset Purchase Agreement to acquire Collins Aerospace’s Military Global Positioning System business (“GPS business”) for $1.925bn in cash. As an asset purchase there is an expected tax benefit of c.$365m. The Company has also entered into a definitive Asset Purchase Agreement to acquire Raytheon’s Airborne Tactical Radios business (“Radio...

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AVIONEWS - World Aeronautical Press Agency
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