Industrials, Technology | Mergers & Acquisitions

BAI Acquired by L-3 Communications

  • BAI Aerosystems, Inc. designs, manufactures and integrates unmanned aerial vehicles for defense and reconnaissance applications
  • BAI retained TM Capital to pursue the sale of the company to a party who could accelerate BAI’s strategic growth plan
  • TM Capital completed the sale of BAI to L-3 Communications (NYSE), a global leader in defense technology with an $8 billion market value

See Press Release

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