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BAE Shedding Business Unit That Sells Tactical Accessories To Law Enforcement

Defense Daily Staff Defense Daily Staff
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BAE Systems yesterday said it has agreed to sell its Safariland business unit that makes products for law enforcement customers in the United States and globally to Kanders & Co., a security consulting firm led by Warren Kanders, the former CEO of Armor Holdings, which BAE acquired in 2007. The deal price for Safariland is $114 million. The transaction is expected to close in either the second or third quarter of this year pending regulatory approvals. Safariland was part of…

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