BAE Sells U.S.-based Advanced Ceramics Business
BAE Systems has sold its advanced ceramics business to CoorsTek, the world’s largest technical ceramics manufacturer, for an undisclosed amount.
BAE obtained the cermaics business through acquisition its of United Defense, Inc. in June, 2005.
The Vista, Calif., facilities develop and fabricate lightweight ceramic armor systems, semiconductor components and assemblies and industrial components.
“We believe this sale will better position the Vista business to realize its potential in the advanced ceramics market,” said Frank Pope, president of BAE Systems’ land and armaments business.