BAE buys Ball Aerospace for $5.5bn

(Sharecast News) – BAE Systems on Thursday said it had bought Ball Corporation’s aerospace business $5.55bn in cash.

Ball Aerospace makes spacecraft, mission payloads, optical systems, and antenna systems, serving the intelligence community, US Department of Defense, and civilian space agencies, BAE said in a statement.

Reporting by Frank Prenesti for Sharecast.com

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