DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Charles Woodburn - 2 Ball - 2 Cheney Orr - 1 Woodburn - 1 Woodburn’s pricey - 1 Aimee Donnellan - 1 EY’s loveless - 1 Neil Unmack - 1
Top related locs:
Colorado Huntsville , Alabama U.S
Top related orgs:
Ball Aerospace - 3 BAE Systems - 2 BAE - 2 Aerospace - 1 U.S . Space Force - 1 Ball Corp - 1 NOAA - 1 Pentagon - 1

Search resuls for: "Ball Aerospace"


3 mentions found


☆ UK defense contractor BAE buying Ball's aerospace division for $5.6 billion
  + stars: | 2023-08-17 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +1 min
Ball Corp. agreed to sell its aerospace division to U.K. defense contractor BAE Systems for $5.6 billion in cash, the companies announced Thursday. The deal is expected to close in the first half of next year, pending regulatory approval. The aerospace unit of Colorado-based Ball, widely known for its beverage and household packaging products, deals in manufacturing spacecraft and specialized aerial systems. BAE noted that more than 60% of Ball's 5,200 or so aerospace employees hold U.S. security clearances. Ball began shopping around its aerospace division earlier this year, looking for a deal that would help trim its nearly $10 billion in debt.
Persons: Charles Woodburn, Ball Organizations: Aerospace, U.S . Space Force, Ball Corp, BAE Systems, NOAA, Pentagon, BAE, Ball Aerospace Locations: Colorado
☆ BAE’s stratospheric space deal has sound logic
  + stars: | 2023-08-17 | by ( ) www.reuters.com   time to read: +2 min
People gather at the BAE Systems' booth during the Association of the United States Army (AUSA) Global Force Symposium & Exposition in Huntsville, Alabama, U.S. March 28, 2023. REUTERS/Cheney Orr/File Photo Acquire Licensing RightsLONDON, Aug 17 (Reuters Breakingviews) - BAE (BAES.L) is showing off its deep pockets. On Thursday, the $37 billion maker of war ships and armored vehicles said it will splurge over $5.5 billion in cash on Ball Corp’s (BALL.N) aerospace arm. BAE CEO Charles Woodburn beat off private equity bidders including Blackstone (BX.N) to seal the deal, which bulks up his exposure to civil and military space surveillance solutions. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Cheney Orr, Ball, Charles Woodburn, Woodburn, Woodburn’s pricey, Aimee Donnellan, EY’s loveless, Neil Unmack, Streisand Neto Organizations: BAE Systems, Association of, United States Army, Global, REUTERS, Reuters, BAE, Blackstone, Ball Aerospace, Twitter, TPG, Thomson Locations: Huntsville , Alabama, U.S
☆ Investing in Space: Bankers and insiders say M&A action is heating up
  + stars: | 2023-06-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +3 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. The space sector has seen a variety of mergers and acquisitions since the start of the year, but the deal-making is only heating up. Meanwhile, one financier told me even Boeing is exploring options for its space business, and "everything's on the table." The markets and underlying technologies of space companies are often very different, and the reasons why one company sells or fails are often just as different from that of another.
Persons: CNBC's Michael Sheetz, Lockheed Martin, Boeing —, ULA, you've Organizations: CNBC, United, Alliance, Lockheed, Boeing, Ball Aerospace
0 next >>
Total: 3