Boeing, Argon deal wins U.S. antitrust approval

By Reuters
Posted July 20, 2010 at 10:11 a.m.

Boeing Co. has won U.S. antitrust approval to buy defense manufacturer Argon ST Inc , the Federal Trade Commission said Tuesday.

Boeing said in early June that it would buy Argon for about $775 million to beef up its capabilities in sensors, communications technologies and information management.

The deal was on a list of approved transactions that the FTC puts out several times a week.

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