CEA Technologies purchase by federal government values company at $500m
The federal government, which will own 72 per cent of a cutting-edge radar manufacturer, wanted to keep CEA Technologies out of foreign hands.
Source: afr.com
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The federal government, which will own 72 per cent of a cutting-edge radar manufacturer, wanted to keep CEA Technologies out of foreign hands.
Last week’s decision by the Australian government to acquire a strategic sovereign partnership with CEA, the nation’s most advanced defence technology company, is the culmination of an extraordinary Canberra saga, writes ROBERT MACKLIN.