UPDATE 1-BAE Systems spends $2.2 bln on U.S. electronic systems units
January 20, 2020 at 02:36 AM EST
British defence company BAE Systems said it would spend $2.2 billion to help grow its U.S.-based Electronic Systems business, picking up two units being offloaded as a result of the merger of U.S. rivals Raytheon and United Technologies.