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British Aerospace Flies off with GEC's Marconi

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Robert C. Pini

This home to renowned air shows recently saw some stratospheric maneuvering of another sort when British Aerospace plc announced it would sign a deal to merge with the Marconi Electronics Systems business of GEC-Marconi plc, including its electro-optics division and infrared detector subsidiary Cincinnati Electronics Corp. in Mason, Ohio. A GEC-Marconi spokesman described the deal as a demerger of Marconi Electronics Systems in Stanmore and General Electric Co. in London, followed by the merger of Marconi with British Aerospace. The sequence brought a swift end to any uncertainty about...Read full article

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    Published: March 1999
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