REG - BAE SYSTEMS PLC - Acquisition <Origin Href="QuoteRef">BAES.L</Origin>

BAE SystemsAnnouncement

06/09/2014 22:42

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RNS Number : 7993N
BAE SYSTEMS PLC
31 July 2014 
 
BAE Systems - Proposed acquisition of Signal Innovations Group 
 
31 July 2014 
 
BAE Systems announces it has entered into an agreement for the proposed
bolt-on acquisition of Signal Innovations Group, Inc. (SIG), a provider of
imaging technologies and analytics to the US intelligence and defence
communities. 
 
President of BAE Systems Inc. Intelligence and Security, DeEtte Gray said:
"Combining SIG's technologies with our existing intelligence tools and
analysis capabilities will enhance our customers' ability to analyse tactical
and strategic intelligence from around the globe.  Together, we also have the
potential to leverage our capabilities and bring this technology to a number
of innovative commercial applications in an affordable way." 
 
The proposed acquisition is conditional upon receiving certain regulatory
approvals.  It is anticipated the proposed acquisition will be completed
during the third quarter of 2014. 
 
Issued by: 
 
BAE Systems 
 
London 
 
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The company news service from the London Stock Exchange