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Gloucestershire Business News

BAE Systems acquire electronics specialists

BAE Systems has purchased electronics developer and manufacturer Pulse Power and Measurement.

PPM, which is based near Swindon and has around 60 employees, specialises in systems which allow radio frequency signals to be transmitted over fibre optic cables as well as systems for the renewable power industry and vehicle electrification.

It will become a wholly-owned subsidiary of BAE Systems, which has a base in Brockworth.

BAE Systems air sector chief operating officer Ian Muldowney said: "Pulse Powe and Measurement and BAE Systems are an excellent fit.

"Both companies have superb technology credentials, thrive on innovation and work closely with military and government customers to deliver pioneering technology-based solutions.

"The acquisition further advances our strategic objective to develop and grow our capabilities in secure systems and information exploitation."

PPM provides pit lane and car telemetry in Formula 1 as well as specialist measurement equipment for aircraft clearance.

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