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BAI Acquired by L-3 Communications
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December 2004 |
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BAI Aerosystems, Inc. designs, manufactures and integrates unmanned aerial vehicles for defense and reconnaissance applications |
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BAI retained TM Capital to pursue the sale of the company to a party who could accelerate BAI's strategic growth plan |
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TM Capital completed the sale of BAI to L-3 Communications (NYSE), a global leader in defense technology with an $8 billion market value |
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