Goodwin sells part of defence business for £1.1bn to US firm
- Posted on September 9, 2026
- By Google News
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- 1 min read
Goodwin, a prominent British defence contractor, has completed a strategic divestiture by selling a significant portion of its defence operations to Cerberus Capital Management for £1.1 billion. The acquisition marks a substantial transaction in the defense sector, with Cerberus—founded by Stephen Feinberg, a veteran US defence administrator—positioning itself as an active consolidator in the aerospace and security industries. This deal reflects ongoing restructuring within UK defence companies seeking to optimize their portfolio and strengthen their financial position amid evolving market dynamics.
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