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Article: BAE Systems Completes Acquisition of MTC Technologies, Inc.
- Article from:
- Business Wire
- Article date:
- June 9, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ROCKVILLE, Md. -- BAE Systems has completed its acquisition of MTC Technologies, Inc. (MTC Technologies), a Dayton, Ohio-based company providing technical and professional services as well as equipment integration and modernization for the U.S. military and intelligence agencies, after receiving all required shareholder and regulatory approvals. The company announced it had entered into a definitive agreement to acquire MTC Technologies on December 24, 2007 in a transaction valued at approximately $450 million.
The acquisition of MTC Technologies enhances BAE Systems' position as the premier global defense and aerospace company by growing its business in the ...