BAE barters

  • 30-Jun-2008 08:32 EDT

BAE Systems agreed to sell its Mojave, CA-based Flight Systems business to Calspan Corp. for $62.5 million cash, plus an additional consideration. Flight Systems, with 170 employees, performs aircraft modification, aircraft operations, flight tests, and aerial full-scale targets production for military and commercial customers. Flight Systems also has operations in Florida and Germany. The Mojave site is certified by the FAA for aircraft modifications and service life extensions.

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