BAE Acquires UAV Maker ACR for $14.7M
BAE Systems recently completed its $14.7 million acquisition of Advanced Ceramics Research, a Tucson, AZ-based maker of small unmanned aerial vehicles (UAVs) and ceramic materials for military and commercial application. The initial agreement was originally announced on March 12/09; this latest step represents its finalization and approval. The company will now become part of BAE Systems, Inc., headquartered in Rockville, MD.
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