13 Jun 2008 | Ref. 186/2008
ROCKVILLE, Maryland - BAE Systems today announced that discussions to sell its Flight Systems business to Calspan Corporation have been terminated.
The proposed sale was originally announced March 5, 2008.
Flight Systems, with approximately 170 employees, will remain part of BAE Systems. The Mojave, California-based business performs aircraft modification, aircraft operations, flight test, and production of full-scale aerial targets for military and commercial customers. It also has operations in Florida and Germany.
About BAE Systems
BAE Systems is the premier global defense and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services. With 97,500 employees worldwide, BAE Systems' sales exceeded £15.7 billion (US $31.4 billion) in 2007.
For more information, please contact
Joan Ferguson, BAE Systems
Tel: + 1 603 885 2816 Mobile: + 1 603 315 1537
joan.ferguson@baesystems.com
Susan Lenover, BAE Systems
Tel: +1 703 907 8259 Mobile: +1 703 850 1621
susan.lenover@baesystems.com
