Exclusive-BAE weighs bid for Robin Radar in possible $2.3 billion deal, sources say

BAE Systems is among several potential bidders exploring an offer for Dutch drone detection company Robin Radar Systems, according to sources. The deal could be one of the largest European defence industry transactions since last year, with valuation estimates around €2 billion ($2.26 billion). CVC Capital Partners, Blackstone, private equity firms Advent and EQT, and Dutch investment firm Parcom are also considering bids for the Delft-based company.

Robin Radar's owner, Parcom, is working with JPMorgan to initiate a sale process later this year. If confirmed, the sale would value the company at approximately €2 billion. BAE declined to comment on the speculation, while Parcom and the private equity firms did not respond to requests for comment. If the sale proceeds, Robin Radar's technology could be acquired by a European strategic or private equity investor to support Europe's digital sovereignty goals.