Responsive Engineering News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Israel's defense company Rafael Advanced Defense Systems Ltd. has completed the acquisition of the British defense specialist company Pearson Engineering Ltd. The acquisition was executed under a stock purchase agreement (SPA), transferring 100% of the ownership. The acquisition includes Pearson's metalworks subsidiary company Responsive Engineering Ltd. - Defense Update:

New UK defense takeovers "are a real and present danger, especially for mid-tier suppliers, who appear to be particularly vulnerable,” said Andrew Kinniburgh, director general at Make UK Defense, a manufacturing advisory body.