Beyond the Board: What Companies Need to Know Before Entering the MilAero PCB Market
Defense Speak Interpreted: If CHIPS Cuts Back, What Happens to Electronics Packaging Funds?
American Made Advocacy: Where’s the Budget for a Modern Military Run on Microelectronics?
BAE Systems Signs Agreement to Acquire Ball Aerospace
August 17, 2023 | Business WireEstimated reading time: 1 minute
BAE Systems announced a definitive agreement for the proposed acquisition of Ball Aerospace for approximately $5.55 billion. The Ball Aerospace legacy of achieving advances in national security space architecture, mission-enabling technologies, and scientific discoveries are complementary to BAE Systems’ portfolio and culture. The proposed acquisition of Ball Aerospace represents an exceptional opportunity to acquire a high quality, technology-based business with market leading space and defense capabilities to solve our customers’ greatest challenges.
“This marquee acquisition would advance our company’s position in some of the fastest growing segments of the defense market and further increase our alignment with enduring customer priorities in both the U.S. National Defense Strategy and U.S. Intelligence Strategy. Ball Aerospace’s world-class products, capabilities and deep customer relationships would enhance our existing portfolio in areas including space, C4ISR and missile systems,” said Tom Arseneault, President and CEO of BAE Systems, Inc. “We believe BAE Systems and Ball Aerospace share a culture of mission-driven innovation and operational excellence. We look forward to sustaining the historic legacy of Ball Aerospace and investing in its future.”
Ball Aerospace’s space related programs account for approximately 70% of its 2023E revenues of $2.2 billion, with the balance attributable to mission-enabling technologies and R&D for the warfighter across land, sea and air domains. The acquisition of Ball Aerospace would provide a robust platform for accelerating our space strategy.
Ball Aerospace has a long and distinguished track record as a proven partner and pioneering innovator, with expertise in spacecraft, mission payloads, optical systems, conformal antennas, and electronically steered arrays. With trusted customer relationships among the Intelligence Community, U.S. Department of Defense and civilian space market, the Ball Aerospace team supports the delivery of a broad set of products and differentiating technologies to meet growing customer demands.
Our mutual cultures of commitment to the mission and technology driven innovation would set a solid foundation to serve the combined enterprise and our customers well into the future.
The proposed transaction is subject to the satisfaction of customary closing conditions, including required regulatory approvals.
Share on:
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Nortech Systems Achieves Enhanced Fiber Optic Performance
09/16/2025 | Nortech SystemsNortech Systems Incorporated, a leading provider of design and manufacturing solutions for complex electromedical devices and electromechanical systems, announced significant advancements in its fiber optic capabilities.
Altair, Wichita State University’s NIAR Sign MoU to Accelerate Aerospace Innovation
09/16/2025 | AltairAltair, a global leader in computational intelligence, and Wichita State University’s (WSU) National Institute for Aviation Research (NIAR), one of the world’s leading aerospace research institutions, have signed a memorandum of understanding (MoU) to advance innovation across the aerospace and defense industries.
India’s Aerospace and Defence Engineered for Power, Driven by Electronics
09/16/2025 | Gaurab Majumdar, Global Electronics AssociationWith a defence budget of $82.05 billion (2025–26) and a massive $223 billion earmarked for aerospace and defence spending over the next decade, India is rapidly positioning itself as a major player in the global defence and aerospace market.
Honeywell-Led Consortium Receives UK Government Funding to Revolutionize Aerospace Manufacturing
09/02/2025 | HoneywellA consortium led by Honeywell has received UK Government funding for a project that aims to revolutionize how critical aerospace technologies are manufactured in the UK through the use of AI and additive manufacturing.
Coherent Announces Agreement to Sell Aerospace and Defense Business to Advent for $400 Million
08/15/2025 | AdventCoherent Corp., a global leader in photonics, today announced that it has entered into a definitive agreement to sell its Aerospace and Defense business to Advent, a leading global private equity investor, for $400 million. Proceeds will be used to reduce debt, which will be immediately accretive to Coherent’s EPS.