BAE Systems Plc. (BA.L) said it has entered into an agreement for the sale of the assets comprising its BAE Systems Tensylon High Performance Materials Inc. business to EI DuPont de Nemours & Co. (DD), commonly called DuPont for cash consideration of $18 million.
The business develops and manufactures a protective material trademarked Tensylon, which has both ballistic armour and commercial applications.
The sale of the Tensylon business assets is expected to close in the third quarter of 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.