Ball Aerospace

UK-based defense contractor paid a premium for the Ball business with an eye on the fast-growing space systems segment.

BAE will buy U.S. defense and aerospace electronics supplier Ball Aerospace for $5.55 billion through a stock purchase agreement, the two companies announced.

Ball Corp. has confirmed that it is mulling a sale or another way to monetize its aerospace unit.

How new connectivity technologies are enabling enhanced communication services regardless of satellite orbit positions.