Product category:
ATE Systems
News Release from: Aeroflex
Edited by the Electronicstalk Editorial
Team on 22 April 2005
Addition enhances avionics product
portfolio
Aeroflex has acquired the business of JcAIR Test Systems from aerospace and defence supplier, Goodrich Corp for $35 million in cash.
Aeroflex has acquired the business of JcAIR Test Systems from aerospace and defence supplier, Goodrich Corp for $35 million in cash JcAIR Test Systems, with 2004 revenues of approximately $24 million, provides customised avionics test solutions in all areas of manual and automatic test equipment for manufacturing, repair and ground support operation
This article was originally published on Electronicstalk on 3 Oct 2003 at 8.00am (UK)
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The company has offered consulting, engineering, design, manufacturing, product support and maintenance for over two decades to many of the major air carriers, airframe and avionics manufacturers around the world.
Len Borow, Vice Chairman and COO of Aeroflex said: "The addition of JcAIR Test Systems will enhance Aeroflex's avionics product portfolio and will provide more complete testing solutions for the avionics system test market".
"The JcAIR name is recognised worldwide as a leading provider of avionics testing solutions which has garnered them a leading position and a top tier customer base".
"The acquisition is expected to produce substantial operating synergies and be accretive to future earnings".
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