- 15 September 2006 -

BAE Systems Adds National Sensor Systems

BAE Systems is to purchase all of the shares of National Sensor Systems (NSS) for $8.7 m in a cash agreement.

NSS, a privately held company based in Acton, MA, specializes in the development of electro-optical sensor systems for aerospace and defence applications. NSS also provides gimbal and stabilization systems to the US Department of Defense and other government agencies and employs 20 engineers and scientists.

Walt Havenstein, president of BAE Systems Electronics & Integrated Solutions headquartered in Nashua, N.H., said, "NSS' technology expertise will help BAE Systems expand its capabilities in airborne sensors, electronic warfare and communications. In turn, we expect to take that expertise to the next level of innovative performance."

Steven Wein, NSS president, said, "We are excited to be joining a true leader in the defense electro-optics arena and look forward to continuing our growth in the high performance optical systems and airborne stabilization markets."

The parties expect to close the transaction promptly upon receipt of regulatory approvals.

www.nationalsensorsystems.com