Hensoldt Buys Competitor ESG For €675 Million

Tony Osborne December 05, 2023

Eurofighter

Credit: Airbus
German defense electronics firm Hensoldt is snapping up its domestic competitor ESG for €675 million ($729 million). Hensoldt, which itself was spun out of the defense electronics business unit of the Airbus Group in 2017, signed an agreement on Dec. 5 to purchase ESG–short for Elektroniksystem -und...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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