Curtiss-Wright Buys Skyquest Systems
December 22, 2009 (FinancialWire) — Curtiss-Wright Corp. (NYSE: CW) said it has acquired Skyquest Systems Ltd. for 10 million pounds Sterling, or around $16 million.
UK-based Skyquest is a supplier of aircraft video displays, recorders, and video/radar converters for surveillance aircraft applications in the aerospace and defense markets.
The business will become part of Curtiss-Wright’s Motion Control segment.
Skyquest’s display and recorder technology supports airborne surveillance missions with proven reliability in harsh environments. Its products include the Video Management System, which provides integrated systems that enable observers and pilots to independently select, view and record the images they need simply and with maximum fidelity.
Parsippany, New Jersey-based Curtiss-Wright designs, manufactures and overhauls products for motion control and flow control applications, and provides a range of specialized metal treatment services.
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