BAE Systems has continued its buying spree in the US defence market by acquiring information-processing specialist Alphatech for $88.7 million in cash. The deal is another move by the company to address US Department of Defense network-centric warfare requirements.
So far this year, BAE North America has completed or announced the acquisition of five companies including government IT supplier DigitalNet for $600 million; photonics developer STI Government Systems for $27 million; signal-processing specialist Practical Imagineering for $8.3 million; and Boeing's Commercial Electronics unit.
Based in Burlington, Massachusetts, Alphatech specialises in signal- and image-processing, including automatic target recognition, as well as time-sensitive targeting and key enabling technologies such as sensor fusion, image mining and distributed computing. The company, with 320 employees, had sales of $51 million last year.
Source: Flight International