The operation On 16 August 2005 Lockheed Martin UK (“LMUK”) (a subsidiary of Lockheed Martin Corporation) announced its proposal to acquire Insys, by way of a share purchase. Lockheed Martin Corporation is a US defence company active in the research, design, development, manufacture and integration of advanced technology systems, products and services. Insys is a specialist defence engineering and R&D contractor supplying integrated system solutions to the UK and allied armed forces, directly or through global contractors. Under the general UK merger control rules, the turnover of Insys was below the threshold required for the merger to qualify for investigation by the UK Office of Fair Trading (OFT) under the UK Enterprise Act 2002 (EA). However, the EA provides a mechanism
The UK Secretary of State accepted behavioural undertakings to address national security public interest concerns in relation to a merger in the technology and communications systems sector (Lockheed Martin / Insys)
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