BAE Announces Merger Plans

By Haley Burton

June 23, 2011 Updated Jun 23, 2011 at 6:51 PM EDT

(WBNG Binghamton) BAE is merging internally.

The company will combine Platform Systems based out of the Town of Union with its Electronic Solutions unit.

"We're doing the merger to be a little more efficient because of the fact that we bring a lot of electronics expertise across two different historical sectors in the company and this will put them all together into one entity," said Nolan Schmidt, Vice President and Deputy General Manager for BAE Platform Solutions.

Platform Solutions, headquartered in the Town of Union and Electronics Solutions based out of Nashua, New Hampshire will come together. The new unit will be named Electronic Systems. It will be based out of Nashua.

BAE says there will be no immediate impact on jobs locally.

"There will be no change in the opportunity as far as the numbers at Westover. We see no change in that whatesover. We see an opportunity in the longer term to bring new business into the overall corporate. Therefore, growing Westover as well," said Schmidt.

BAE says 1,400 people work at the local facility.

It leads three business areas for Platform Solutions. BAE says that will not change. Defense Avionics, Commercial Avionics and Energy Management will continue to run out of Westover.

BAE says the new Electronics System sector will have operations spanning commercial and defense electronics markets. The merger will take place July 5.

Earlier this year, BAE abandoned a move to sell its Platform Solutions unit.

BAE says Electronics Solutions unit will have about 13,000 employees at 23 sites in the U.S., UK and Israel.

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