BAE Buys U.S. Computer Group

[seemslikeadream]

By David Winning, City Staff, PA News

BAE Systems was today preparing to play a more central role in the war on terror after acquiring a leading IT supplier to the Pentagon.

The aerospace and defence group has agreed a 600 million US dollars (£334 million) deal for DigitalNet Holdings, a maker of secure computer networks that can carry sensitive data and intelligence.

Its operations in North America will now generate revenues of more than 1.2 billion US dollars (£668.3 million) from the sale of IT systems to US Government agencies.

In addition to the Pentagon, DigitalNet makes secure computer networks for national intelligence agencies and the Departments of Homeland Security, Justice, Treasury and State.

But this is dwarfed by the five billion US dollars (£2.78 billion) generated by BAE across the Atlantic each year from the sale of technology to the US Government and commercial customers.

more
http://business.scotsman.com/latest.cfm?id=3489706

[seemslikeadream]

1. Some history on BAE

Carlyle Interested in BAE's Shipbuilding Unit, Telegraph Says
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x708335

http://cryptome.org/soil/soiled-dove2.htm

http://www.godlikeproductions.com/bbs/message.php?page=3&topic=3&message=396432&mpage=1&showdate=7/28/04

[emad]

2. See also previous DU:

BAE/Saudi slush fund story previously on DU:


http://www.democraticunderground.com/discuss/duboard.ph...

also
http://www.democraticunderground.com/discuss/duboard.ph...