Sale to ThyssenKrupp Atlas Elektronik

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logo until 2017


bae systems announced intended sell company in 2005. main bidders thyssenkrupp/eads, thales group , l-3 communications. on december 30 joint thyssenkrupp/eads bid, valued @ €145 million (£100m), named winner companies holding 51 % , 49% respectively.


the bid complicated requirement of german government approve sale acceptable. financial times described sale cut price because french company thales bid €300 million, blocked purchasing atlas on national security grounds.


airbus defence , space announcement sale remaining shares in atlas elektronik thyssenkrupp on 12 january 2017. merge of thyssenkrupp marine systems , atlas elektronik completed on 3 april 2017.








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