Sunday, March 4, 2012

BAE Systems to acquire Advanced Ceramics Research.(IN THE NEWS)

BAE Systems, Inc. recently announced that it has entered into a definitive agreement to acquire Advanced Ceramics Research, Inc., a Tucson, Ariz.-based producer of small unmanned aircraft systems (UAS) and advanced ceramic materials. The transaction is a stock purchase of a private company and will be completed following receipt of regulatory approvals.

"This acquisition will provide …

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