The UK Government prohibits acquisition of a national supplier of military aircraft components on national security grounds (Gardner Aerospace / Impcross)

On 5 September 2020, the UK Government accepted undertakings from Gardner Aerospace Holdings Limited not to proceed with its proposed acquisition of Impcross Limited, a UK-based manufacturer of components for the aerospace industry (including for military aircraft). Gardner is owned by Shenzhen- listed Ligeance Aerospace Technology Co., Ltd (“LAT”). Specifically ,the Government identified concerns relating to: — The “protection of the UK’s aerospace capability and the safeguarding of sensitive information, skills and manufacturing capability within Impcross;” and — The “protection of the UK’s operational advantage.” This is a rare case of the UK Government effectively prohibiting a transaction on national security grounds. Government intervention in defence-sector transactions, even where the

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Authors

  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (Brussels)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Macfarlanes (Brussels)
  • Cleary Gottlieb Steen & Hamilton (London)
  • Cleary Gottlieb Steen & Hamilton (London)

Quotation

Nicholas Levy, Maurits J. F. M. Dolmans, Romano F. Subiotto, Paul Gilbert, Richard Pepper, Paul Stuart, John Messent, The UK Government prohibits acquisition of a national supplier of military aircraft components on national security grounds (Gardner Aerospace / Impcross), 5 September 2020, e-Competitions September 2020, Art. N° 96869

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