BAE Buys South African IST Dynamics

16 April 2008 (Last Updated April 16th, 2008 08:42)

BAE Systems is to acquire South Africa's IST Dynamics, a company which makes fire control systems and remotely controlled weapon platforms. The two companies will ensure Land Systems South Africa is well equipped as systems supplier for key South African programmes, says BAE.

BAE Systems is to acquire South Africa's IST Dynamics, a company which makes fire control systems and remotely controlled weapon platforms.

The two companies will ensure Land Systems South Africa is well equipped as systems supplier for key South African programmes, says BAE.

The financial details were not disclosed.

By staff writer