Defence equipment
BAE Systems wants to grow its security business

BAE Systems launches £538m offer for security consultancy

Defence giant is stepping up plans to grow its security business

Written by Janie Davies

BAE Systems has made a £538m offer for UK security consultancy Detica as part of its plans to grow its business in the national security and resilience sector.

Detica provides information management services to the market, where BAE expects sales opportunities to double in value to more than £3bn by 2011.

The acquisition will boost the company's exposure in domestic and US security markets, said Ian King, BAE chief operating officer, UK and rest of world.

"This acquisition will result in a depth of financial and technical capability to address growth opportunities and better serve customers," he said.

"In addition, our broad geographic footprint provides substantial opportunities to grow a national security and resilience business across our other home markets. Our existing activities and structure will provide a platform for us to apply Detica’s capabilities into the US homeland security market."

The deal, which is expected to be completed later in the year, is dependent on regulatory clearance and approval from Detica shareholders.

reader comments

related articles

Fighter plane

EDS and IFS collaborate on defence contracts

Pooling systems integration and logistics expertise could help win new business 26 Feb 2008

 

BEA grows profit by 70 per cent

Middleware specialist reports positive results weeks after rebuffing Oracle takeover bid 16 Nov 2007

BAE profits more than double

Defence contractor beats forecasts with half-year sales of £6.9bn 10 Aug 2007

HCL outperforms rival Indian outsourcers

Firm sees annual sales increase by 10 per cent more than the industry average, reports Dave Friedlos 23 Aug 2007

BAE to snap up Detica

Defence contractor set to buy security consultancy in £531 million deal 28 Jul 2008

TalkTalk to acquire Tiscali UK

£236m deal makes Carphone Warehouse largest residential broadband provider 08 May 2009

BT warns of further financial problems at Global Services arm

A £336m hit in the third quarter is likely to be followed by another substantial one-off charge due to contract problems at IT services division 12 Feb 2009

related whitepapers

today's top stories

How to maximise the value of your IT networking investment

A panel of experts discuss networking strategies that deliver real value to business 03 Jul 2009

Habitat gets a web site makeover

The furniture retailer is revamping its online presence to provide a fully transactional web site. CIO Jacques Dekock explains why 02 Jul 2009

Government aims to bolster UK's cyber defences

Is the UK’s first national cyber security strategy up to the task of co-ordinating the country’s response to digital threats? Computing investigates 02 Jul 2009

Focus resources on what really matters

IT has become too caught up in the drive for efficiency, at the expense of business success 02 Jul 2009

From tracks man to tax man

Phil Pavitt, outgoing chief information officer for Transport for London, talks to Rosalie Marshall about the lessons he will take to his new role at HMRC 02 Jul 2009

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

More available - click 'submit' to view

Existing User

Newsletter user login:

Advertisement

Jobs

Related jobs

Job of the week

Job alerts

Sign up here

Find your next job

IT Salary Checker

Check salary here

Advertisement

White papers

Search white papers

Top categories

VPN, Extranet and Intranet Solutions

WAN/ LAN Solutions

Network Security

Interoperability-Connectivity

Grid/ Utility Computing

Latest poll

Would you use social networking sites to look for a job?

Would you use social networking sites to look for a job?

Tell us what you think about job hunting through LinkedIn, Facebook, Twitter etc

View poll results

Latest audio and video articles

network cablesVideo

How to maximise the value of your IT networking investment

A panel of experts discuss networking strategies that deliver real value to business 03 Jul 2009

green footprintsVideo

How to manage enterprise energy use - and the role IT can play

A panel of experts explore how firms can get to grips with their carbon footprint and make smarter use of energy 01 Jul 2009

Latest in-depth articles

Phil PavittAnalysis

From tracks man to tax man

Phil Pavitt, outgoing chief information officer for Transport for London, talks to Rosalie Marshall about the lessons he will take to his new role at HMRC 02 Jul 2009

UPS worker making a deliveryAnalysis

Global standardisation delivers benefits at UPS

Delivery giant sees benefits of central IT solution 02 Jul 2009

Advertisement

Primary Navigation