BAE Systems buy US firm Marine Hydraulics

BAE Systems has agreed to buy Marine Hydraulics International, based in the US, for $69m in cash.

BAE Systems has agreed to buy Marine Hydraulics International, based in the US, for $69m in cash.

Marine Hydraulics International is a marine repair, overhaul and conversion company that had sales of $113m in 2011. It employs approximately 400 people supporting the US Navy and other maritime customers and would be integrated with the BAE Systems Ship Repair business.

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