Sector Review

RNS Number : 2249L

BAE SYSTEMS PLC

24 April 2015

 



BAE Systems - Strategic assessment of US-based, manpower and services businesses of I&S sector

24 April 2015

BAE Systems regularly reviews its business portfolio and operations to remain optimally aligned with key markets and to maximise value for customers and shareholders.

The US-based manpower and services businesses of the Group's US Intelligence and Security (I&S) sector, which span technical, mission and IT support services and predominantly serve the US government, have generated external interest and a number of enquiries. As a result, BAE Systems has engaged external advisors to support a strategic assessment of these businesses.

This assessment does not include the technology/product-focused geospatial intelligence business of I&S, or the Group's cyber security and intelligence business, BAE Systems Applied Intelligence.

There can be no certainty that any transaction will occur.  Any further announcement will be made as appropriate.

Issued by:

BAE Systems plc

London 

 

END

 

 

MSCPGUQCCUPAUAC