BAE Systems buys Collins Aerospace’s GPS unit from America’s United Technologies business for £1.7bn

Defence giant BAE Systems buys Collins Aerospace GPS unit from America’s United Technologies for £1.7bn BAE shares rose 2.9 per cent, up 17.8p to 642.4p in trading on Monday Move comes just six months after United Technologies and Raytheon merged The GPS business has designed military receivers for more than 40 years By Sara Scarlett … Read more