Wednesday, June 23, 2010
Curtiss-Wright Acquires U.K. Company
Curtiss-Wright Corp., of Charlotte, N.C., will spend $22 million to acquire Specialist Electronics Services, Ltd., of Camberley, U.K., the company announced Tuesday.
With estimated 2010 sales of about $9 million, SES designs and manufactures rugged, security encrypted data recorders, processors, display media and software for aerospace and defense applications. Key platforms include fixed-wing, rotary-wing and unmanned aircraft, tactical vehicles and navy vessels. Proprietary technologies include high integrity mission computing, engine monitoring, multi-channel video and data mission recording, rugged and extreme environmental computing, and software for data transmission and technical analysis. It will operate within the Integrated Sensing division of Curtiss-Wright's Motion Control segment, the company said.
“The addition of SES’s broad range of COTS data and video recorder products to our existing recorder product family will further our ability to meet our customers’ requirements,” said David Adams, co-chief operating officer of Curtiss-Wright. “We are very excited about the expertise they provide us in data security encryption and high reliability rugged packaging.”