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

Chip tools specialist shells out $465m to target solar manufacturers

Semiconductor tools outfit announces plans to acquire Belgian counterpart as it targets emerging solar market 25 Feb 2008

BT acquires Wire One

Telco expands videoconferencing portfolio 11 Apr 2008

related whitepapers

today's top stories

Technology and privacy

Watch the final video in a two-part Computing roundtable debate on the importance of putting data privacy issues at the heart of your IT plans 02 Dec 2008

IT staff desperate to keep their jobs

Most would work longer hours for less pay 02 Dec 2008

VMware View 3 enhances virtual desktops

Virtual clients now take up less storage space and can be 'checked out' to a laptop 02 Dec 2008

Technology and privacy

Watch part one of a two-part Computing roundtable debate on the importance of putting data privacy issues at the heart of your IT plans 01 Dec 2008

Got the Knowledge?

Last week the civil service published a new strategy to help government seize the opportunities and meet the challenges of managing knowledge... 01 Dec 2008

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

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

Will the terrorist attacks in Mumbai affect your offshoring plans?

Will the terrorist attacks in Mumbai affect your offshoring plans?

Is India becoming a risky destination?

Previous poll results

Latest audio and video articles

Padlocked CDVideo

Technology and privacy

Watch the final video in a two-part Computing roundtable debate on the importance of putting data privacy issues at the heart of your IT plans 02 Dec 2008

Podcast imageAudio

Computing podcast - Standard Life's offshoring plans; and the prospects for government IT

The insurance giant outlines its new outsourcing strategy; and we ask if the government's economic bailout will affect its IT plans 28 Nov 2008

Latest in-depth articles

ntl:Telewest's Stephen BeynonAnalysis

Q&A - ntl:Telewest Business managing director Stephen Beynon

The cable provider's chief talks about the future of next-generation broadband access in the UK 28 Nov 2008

cowboyFeatures

Guns for hire

David Neal explores the world of interim CIOs and discovers why more firms are turning to them to spur on IT-led change 27 Nov 2008

Advertisement

Primary Navigation