BAE Completes Acquisition of Ball Aerospace
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This news is classified in: Defense Aerospace Space

Feb 16, 2024

BAE Completes Acquisition of Ball Aerospace

  • Ball Aerospace becomes new Space & Mission Systems business of BAE Systems, Inc.

BAE Systems has now successfully completed the acquisition of Ball Aerospace from Ball Corporation. This acquisition adds market-leading space, science and defense capabilities to the company’s portfolio of products and services through a new business called Space & Mission Systems.

This marks a significant milestone for the BAE Systems business, adding more than 5,200 U.S. employees who share a culture of mission-focused innovation and operational excellence.

Citigroup and Bank of America served as BAE Systems’ financial advisors and KPMG served as accounting advisor. Kirkland & Ellis LLP served as transaction counsel, and Covington & Burling LLP served as CFIUS counsel for the transaction.

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