BAE Systems announces agreement to acquire OASYS Technology
BAE Systems today announced it has entered into a definitive agreement to acquire OASYS Technology, a privately owned company specializing in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets.
The acquisition of OASYS Technology will complement BAE Systems' existing electro-optical capabilities, technologies and product offerings.
"OASYS Technology's talented workforce and technologies will enhance BAE Systems' ability to serve its customers as a leader in day/night surveillance and targeting systems as well as precision guidance," commented Bob Murphy, executive vice president of BAE Systems, Inc. product sectors.
OASYS Technology employs 65 people at its 40,000 square foot design and manufacturing facility in Manchester, New Hampshire. Upon successful closing, OASYS Technology's operations are expected to be integrated with the BAE Systems business headquartered in Nashua, New Hampshire.
OASYS Technology Chief Executive Officer Mike Couture stated, "We look forward to the opportunity to become part of the BAE Systems family. We will be better positioned to serve our current customer base and broaden both the market and potential applications for our expertise, technologies, and products."
The proposed acquisition is conditional, among other things, upon receiving certain US regulatory approvals, and it is expected to close during the fourth quarter of 2010.
Source: BAE Systems
You may also like
More from Digital Battlespace
-
![AUSA 2024: General Micro Systems adds four new products to the X9 Spider family]()
AUSA 2024: General Micro Systems adds four new products to the X9 Spider family
The airborne three-domain, the two ground-based and the ¼ ATR OpenVPX-based cross-domain systems were engineered to provide real-time security across multi-domain operations.
-
![BAE Systems gets go-ahead for second phase of mission communications programme]()
BAE Systems gets go-ahead for second phase of mission communications programme
DARPA’s Mission-Integrated Network Control (MINC) programme was set up to develop an autonomous tactical network and enable critical data flow in contested environments.
-
![Just Released: Space Technology Report]()
Just Released: Space Technology Report
Why space is an essential part of modern military capabilities
-
![Work-from-home warfare: the power of mixed reality]()
Work-from-home warfare: the power of mixed reality
Defence-secure mixed reality headsets can save hours, or even weeks, of travel time to fix defunct equipment or get subject experts effectively “on-site” where they are needed.
-
![Northrop Grumman receives follow-on contract for CUAS and C-IED systems]()
Northrop Grumman receives follow-on contract for CUAS and C-IED systems
The Joint Counter Radio-Controlled Improvised Explosive Device Electronic Warfare (JCREW) counter-improvised explosive device (C-IED) and Drone Restricted Access Using Known Electromagnetic Warfare (DRAKE) counter-UAS (CUAS) systems are mounted and dismounted RF jammers.
-
![Adarga’s Vantage AI software selected for UK Strategic Command’s Defence Support]()
Adarga’s Vantage AI software selected for UK Strategic Command’s Defence Support
Adarga’s Vantage information analysis tool is in service with the UK MoD and individual UK forces. It builds on the company’s Knowledge Platform which processes, organises and analyses open source material, as well as information held by the user’s military, security and intelligence services.
