Business

October 19, 2012

O’Gara Group to acquire BAE Systems division

The O’Gara Group, Inc. has entered into a definitive purchase agreement with BAE Systems Survivability Systems LLC to acquire BAE Systems Commercial Armored Vehicles LLC.

The O’Gara Group is a global provider of security products and services.

BAE Systems Commercial Armored Vehicles armors selected vehicle models for both government and commercial customers as well as producing transparent armor for the commercial and military markets.

This acquisition will reunite the founders of The O’Gara Group with the former O’Gara-Hess & Eisenhardt Armoring Company, which they built into one of the largest armored vehicle manufacturers in the world before its sale to Armor Holdings in 2001 and its eventual purchase by BAE in 2007. With this acquisition, The O’Gara Group solidifies its position as a significant supplier of armored vehicles in the US. The O’Gara Group currently has vehicle armoring facilities in San Antonio, Texas, and Fairfield, Ohio.

“We are pleased to have entered into an agreement to acquire the BAE Systems Commercial Armored Vehicles,” said Wilfred “Bill” O’Gara, CEO of The O’Gara Group. “We look forward to continuing the growth of our commercial armoring business and expanding the transparent armor business. This acquisition not only restores our heritage, it also advances our position and agility in the commercial armor market.”

The acquisition is anticipated to close in the fourth quarter of 2012 and is subject to customary closing conditions. The purchase price was not disclosed.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines September 19, 2014

News: McKeon on broader military authorization: Anything can ‘fail or pass’ - Rep. Howard “Buck” McKeon, R-Calif., chairman of the House Armed Services Committee, said if Congress returns after the midterm elections to weigh a broader military authorization for the battle against Islamic State, it might not pass. Defense contractor gets 7 years for giving secrets...
 
 

News Briefs September 19, 2014

U.S. military deaths in Afghanistan at 2,203 As of Sept. 16, 2014, at least 2,203 members of the U.S. military had died in Afghanistan as a result of the U.S.-led invasion of Afghanistan in late 2001, according to an Associated Press count. At least 1,823 military service members have died in Afghanistan as a result...
 
 

Pratt & Whitney, U.S. Air Force complete qualification for F135 engine testing

Pratt & Whitney, a United Technologies Corp. , together with its U.S. Air Force partner at the F135 Heavy Maintenance Center at Tinker Air Force Base, Okla., celebrated another significant milestone qualification for F135 engine testing at the Oklahoma City Air Logistics Complex. OC-ALC which in addition to engine testing is also qualified to perform...
 

 
Navy photograph

Triton has first cross-country flight from Palmdale

Northrop Grumman photograph The MQ-4C Triton Unmanned Aircraft System takes off from Northrop Grummanís Palmdale, Calif., facility Sept. 17 for its first cross-country flight to Naval Air Station Patuxent, River, Md. PALMDALE,...
 
 
Air Force photograph by Michael J. Pausic

Future of NATO: Adapting to a new security environment

Air Force photograph by Michael J. Pausic Gen. Phillip Breedlove informs the assembled crowd about the results of the recent NATO Summit and the areas of instability that affect Europe that have regional implications. Seated in...
 
 
Air Force photograph by Scott M. Ash

AFRL commander describes Air Force’s technology vision

Air Force photograph by Scott M. Ash Maj. Gen. Thomas Masiello takes a question from an audience member after discussing Air Force Research Laboratory breakthrough technologies during the 2014 Air Force Association’s Air ...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>