Disposal

RNS Number : 2175Z

BAE SYSTEMS PLC

10 January 2011

 



BAE Systems - Disposal of Swiss-Photonics AG

 10 January 2011

BAE Systems has sold its Swiss-Photonics AG group to Forensic Technology WAI Inc. for a cash consideration of approximately US$10.9 million, including cash held in the disposed business.  The Swiss-Photonics group's Heerbrugg, Switzerland-based business generated sales in 2009 of $8.3 million and employs 36 people in the manufacture of forensic science products including optical components for inspection systems.

Issued by:

BAE Systems plc

London

 

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