# Ball Corporation sells aerospace business to BAE Systems for $5.6B

Ball Corporation has agreed to sell its aerospace business to BAE Systems for $5.6 billion in cash. The transaction is expected to close in the first half of 2024.

- Type: Acquisition
- Announced: 2023-08-17
- Where: United States
- Value: $5.60B
- Status: announced
- Products: aerospace technologies
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Ball Corporation](https://endata.com/companies/556.md) (target)
- [BAE Systems](https://endata.com/companies/4538.md) (acquirer)

## Sources

- [ball.com](https://www.ball.com/newswire/article/124187/ball-announces-agreement-to-sell-aerospace-business-for-56-billion), 2023-08-17: "Ball Corporation (NYSE: BALL) ... today announced that it has reached an agreement to sell its aerospace business to BAE Systems (LSE: BA.) for gross proceeds of $5.6 billion in cash"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.