Investment Summary

BAE System Invests In Alvis

On August 22, 2003, BAE System invested in defense company Alvis from GKN

Investment Highlights
  • This is BAE System’s 1st transaction in the Defense sector.
  • This is BAE System’s 1st transaction in the United Kingdom.

Investment Summary

Date 2003-08-22
Target Alvis
Sector Defense
Investor(s) BAE System
Sellers(s) GKN
Deal Type Stake Purchase

Target

Alvis

London, United Kingdom
Alvis plc is a manufacturer of armoured fighting vehicles. It has operations in the UK, Scandinavia and South Africa. Its vehicles combine advanced software and electronic systems with leading-edge vehicle, weapon and protection technology.

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Investor(S) 1

Investor

BAE System

Camberley, United Kingdom

Category Company
Founded 1970
Sector Defense
Employees99,800
Revenue 23.1B GBP (2023)
DESCRIPTION
BAE office in Reston, Virginia.
BAE office in Reston, Virginia.

BAE Systems is a provider of defense and security products and services. From sophisticated cyber services and military support, to mission critical electronic systems and protection equipment, BAE aims to be at the forefront of defense technology and science. BAE Systems was founded in 1970 and is headquartered in Camberley, England.


DEAL STATS #
Overall 1 of 27
Sector (Defense) 1 of 4
Type (Stake Purchase) 1 of 1
Country (United Kingdom) 1 of 6
Year (2003) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-25 BAE Systems Ocean Systems

Braintree, Massachusetts, United States

Ocean Systems, located in Braintree, Massachusetts, has 80 employees and produces special purpose acoustic and RF devices and systems for submarines, surface ships and acoustic test ranges. Ocean Systems also operates an open water test site to conduct acoustic research and production testing.

Sell $10M

Seller(S) 1

SELLER

GKN

Redditch, United Kingdom

Category Company
Sector Engineering
Employees51,400
Revenue 9.7B GBP (2017)
DESCRIPTION

GKN is a global engineering company. Known for its expertise in advanced manufacturing, GKN specializes in designing, manufacturing, and supplying innovative components and systems for the automotive, aerospace, and industrial markets. Its extensive product portfolio includes driveline technologies, electric drivetrains, lightweight structures, aerospace systems, and power management solutions. GKN is based in Redditch, United Kingdom.


DEAL STATS #
Overall 2 of 7
Sector (Defense) 1 of 1
Type (Stake Purchase) 1 of 2
Country (United Kingdom) 2 of 5
Year (2003) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-22 Pilkington Aerospace

Birmingham, United Kingdom

Pilkington Aerospace Ltd. is a supplier of canopies and windows, technically known as transparencies for the military and civil aircraft market. Pilkington Aerospace has a global reputation in the technologies required to produce advanced transparencies in both plastics and glass. It supplies the transparencies for military aircraft programmes such as the FA-18 and C-17 and has a contract to develop and supply transparencies for the F-35 Joint Strike Fighter. GKN already supplies transparencies for the Eurofighter Typhoon and has contracts to develop and supply transparencies for the FA-22 Raptor and the F-16 Falcon. Pilkington also supplies transparencies to all Boeing civil aircraft and leading regional and business jet manufacturers including Embraer, Lear and Cessna.

Buy $68M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-28 AgustaWestland

Rome, Italy

AgustaWestland is one of the world's largest helicopter supplier. AgustaWestland designs and manufacturers a range of light to medium lift military and civil helicopters and provides engineering support and training services.

Sell -