CINCINNATI, Feb. 26 (UPI) -- The $10 million acquisition of BAE Systems Commercial Armored Vehicles LLC by The O'Gara Group of Ohio has been completed.
The acquired company -- now called O'Gara-Hess and Eisenhardt Armoring Co. LLC -- expands the portfolio of O'Gara's Mobile Systems division, which designs, develops integrates ballistic and blast systems into security vehicles.
"Helping protect the lives of U.S. diplomats and other (U.S.) Foreign Service personnel abroad is a critical task for our company," said Bill O'Gara, chief executive officer of The O'Gara Group. "We are extremely pleased to have our former business back and look forward to providing our customers with the most technologically advanced protection that allows them to safely and confidently conduct their business."
Tony Russell, president of O'Gara's Mobile Systems division, said: "O'Gara is now the only U.S.-based discreet security vehicle provider with in-house transparent armor capabilities. This provides advantages in cost, delivery and integrated performance."
O'Gara-Hess and Eisenhardt Armoring isn't a new business. The former company was bought by Armor Holdings in 2001 and then sold to BAE Systems in 2007.
O'Gara said the acquisition is part of its strategy to regain a dominant worldwide position in commercial vehicle armoring.