SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
   Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

       Date of Report (Date of Earliest Event Reported): October 30, 1997



                            BREED Technologies, Inc.
             (Exact Name of Registrant as Specified in its Charter)



         DELAWARE                       1-11474                22-2767118
(State or Other Jurisdiction       (Commission File           (IRS Employee
    of Incorporation)                    Number)             Identification No.)



5300 Old Tampa Highway, Lakeland, Florida                         33811
   (Address of Principal Executive Offices)                     (Zip Code)


                                  941-668-6000
              (Registrant's Telephone Number, Including Area Code)














Item 2. Acquisition or Disposition of Assets

     On October 30, 1997, BREED Technologies,  Inc., a Delaware corporation (the
"Company")  consummated  the acquisition of certain assets and the assumption of
certain  liabilities  of  the  "Safety  Restraints  Systems"  business  unit  of
AlliedSignal,  Inc. and 100% of the outstanding shares of capital stock of ICSRD
Rueckhaltesysteme  Fahrzeugsicherheit  GmbH, a German company,  BSRD Limited, an
English  company,   AlliedSignal  India,  Inc.,  a  Delaware  company,  Sistemas
AlliedSignal de Seguridad,  S.A. de C.V., a Mexican  company,  and  AlliedSignal
Cinturones de Seguridad,  S.A. de C.V., a Mexican  company.  The acquisition was
made  pursuant  to the Asset  Purchase  Agreement  dated  August 27,  1997 among
AlliedSignal,  Inc. (and certain  subsidiaries  identified in the Agreement) and
BREED Technologies, Inc. (and certain subsidiaries identified in the Agreement)
as amended to extend the closing date under certain conditions.

     The purchase  price cash  consideration  of $710 million has been  financed
with  borrowings  under a revolving and term credit  facility,  the net proceeds
from the  issuance and sale of  convertible  preferred  securities,  and the net
proceeds from the issuance and sale of Series A Preferred  shares to Siemens AG.
Any  difference  between  the closing  date net working  capital and interim net
working  capital,  as defined,  will  result in a  post-closing  purchase  price
adjustment.

     The  acquired  operations  produce  seatbelts  and airbags  with  principal
locations in Knoxville, Tennessee;  Maryville,  Tennessee;  Greenville, Alabama;
St. Clair  Shores,  Michigan;  Sterling  Heights,  Michigan;  Douglas,  Arizona;
Brownsville,  Texas; El Paso, Texas; Agua Prieta,  Mexico; Juarez, Mexico; Valle
Hermoso,  Mexico;  Carlisle,  England;  Colleferro,  Italy; Turin, Italy; Siena,
Italy; Arzano, Italy; and Barcelona,  Spain. The acquired operations have annual
revenues of approximately $840 million.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

     Financial  Statements of Businesses  Acquired.  It is impracticable for the
Company to provide the financial  statements of the acquired  entity required by
this Item 7(a) at the time of filing this  report of Form 8-K,  and none of such
financial  statements  are  available  at such time.  The Company  will file the
financial  statements  of the acquired  entity as soon as  practicable,  but not
later than 60 days after November 14, 1997.

     Pro Forma Financial  Information.  It is  impracticable  for the Company to
provide the pro forma  financial  information  relative to the  acquired  entity
required by this Item 7(b) at the time of filing of this report on Form 8-K, and
none  of such  pro  forma  financial  information  is  available  at such  time.
Accordingly,  in accordance with Item 7(b)(2) of Form 8-K, the Company will file
the required pro forma financial  information relative to the acquired entity in
an amendment to this report on Form 8-K as soon as is practicable, but not later
than 60 days after November 14, 1997.

     Exhibits.  Asset  Purchase  Agreement,  dated as of August 27, 1997,  among
AlliedSignal,  Inc. (and certain  subsidiaries  identified in the Agreement) and
BREED Technologies, Inc. (and certain subsidiaries identified in the Agreement).

             Amendment made as of October 3, 1997, to the Asset Purchase
Agreement made as of August 27, 1997 by and between AlliedSignal Inc., a
Delaware corporation, Breed Technologies, Inc., a Delaware corporation, and the
other parties thereto.




                                   Signatures


     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Date:    November 14, 1997                          BREED Technologies, Inc.
                                                    
                                                    By:/s/Frank J. Gnisci
                                                       Frank J. Gnisci
                                                    Executive Vice President and
                                                    Chief Financial Officer











                                   Signatures


     Pursuant to the  requirements  of the  Securities and Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


Date:    November 14, 1997                          BREED Technologies, Inc.
                                                    By:/s/Frank J. Gnisci

                                                    Frank J. Gnisci
                                                    Executive Vice President and
                                                    Chief Financial Officer