BAE Systems to acquire Collins Aerospace military GPS business for $1.925B

BAE Systems has reached a definitive agreement to acquire Collins Aerospace's military Global Positioning System business for $1.925 billion in cash, with an expected tax benefit of approximately $365 million. The acquisition is subject to regulatory approvals and the closure of the Raytheon-UTC merger.

“The asset purchase agreement for the Collins military GPS business calls for cash of $1.925 billion, with an expected tax benefit of approximately $365 million.”businesswire.com

• 1 source
• businesswire.comBAE Systems Announces Proposed Acquisition of Collins Aerospace’s Military Global Positioning System Business and Raytheon’s Airborne Tactical Radios BusinessJan 20, 2020

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