BAE Completes Purchase of MTC Technologies

10 June 2008 (Last Updated June 10th, 2008 06:25)

BAE Systems has completed its acquisition of MTC Technologies, a technical and professional services provider to the US Army. The US$450m acquisition was first announced in December last year and has now gained shareholder and regulatory approval. BAE says the acquisition of M

BAE Systems has completed its acquisition of MTC Technologies, a technical and professional services provider to the US Army.

The US$450m acquisition was first announced in December last year and has now gained shareholder and regulatory approval.

BAE says the acquisition of MTC Technologies will help the company grow its business in the US - one of the company's six home markets.

By staff writer