BAE SYSTEMS has pulled off the biggest acquisition in its short history, winning control of a US armoured car manufacturer for $4.1 billion (£2.1bn).
The company secured ownership of United Defence Industries (UDI) following a fierce weekend battle with rival firms. The deal is the biggest since British Aerospace merged with the defence arm of General Electric to create BAE in 1999...
...UDI is best known for its design and production of Bradley fighting vehicles - armoured personnel carriers that have become essential to US peace-keeping activities in Iraq and Afghanistan....
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