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Textron Inc To Acquire Two Suppliers Of Flight Simulation And Aircraft Training Products


Friday, 22 Nov 2013 08:00am EST 

Textron Inc announced it has signed agreements to acquire two flight simulation and aircraft training product companies - Mechtronix Inc., located in Montreal, Quebec and OPINICUS Corporation, located in Lutz, Florida. These companies combined with Textron Systems` existing training and simulation business, which serves the military aircraft market through its facilities in Goose Creek, South Carolina, will form Textron Simulation & Training Systems. The total annual revenue for the new business is expected to exceed $100 million. 

Company Quote

36.45
-0.2 -0.55%
4:06pm EDT