Defense and security: BAE Systems agrees to acquire OASYS Technology

Sept. 9, 2010

Arlington, VA--BAE Systems entered into a definitive agreement to acquire electro-optical systems company OASYS Technology.

Gail Overton

Arlington, VA--BAE Systems announced it has entered into a definitive agreement to acquire OASYS Technology (Manchester, NH), a privately owned company specializing in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets. The acquisition of OASYS Technology will complement BAE Systems' existing electro-optical capabilities, technologies, and product offerings.

"OASYS Technology's talented workforce and technologies will enhance BAE Systems' ability to serve its customers as a leader in day/night surveillance and targeting systems as well as precision guidance," said Bob Murphy, executive VP of BAE Systems product sectors.

OASYS Technology employs 65 people at its 40,000 square foot design and manufacturing facility in Manchester. Upon successful closing, OASYS Technology's operations are expected to be integrated with the BAE Systems business headquartered in Nashua, New Hampshire.

The proposed acquisition is conditional, among other things, upon receiving certain U.S. regulatory approvals, and it is expected to close during the fourth quarter of 2010.

OASYS Technology’s offerings are segmented into four primary markets: military products and accessories, laboratory and test instrumentation, optical assemblies, and optical components.

SOURCE: BAE Systems; www.baesystems.com/Newsroom/NewsReleases/autoGen_11087152527.html

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About the Author

Gail Overton | Senior Editor (2004-2020)

Gail has more than 30 years of engineering, marketing, product management, and editorial experience in the photonics and optical communications industry. Before joining the staff at Laser Focus World in 2004, she held many product management and product marketing roles in the fiber-optics industry, most notably at Hughes (El Segundo, CA), GTE Labs (Waltham, MA), Corning (Corning, NY), Photon Kinetics (Beaverton, OR), and Newport Corporation (Irvine, CA). During her marketing career, Gail published articles in WDM Solutions and Sensors magazine and traveled internationally to conduct product and sales training. Gail received her BS degree in physics, with an emphasis in optics, from San Diego State University in San Diego, CA in May 1986.