Air Industries Group Inc Announces Acquisition

Air Industries Group Inc announced that it has acquired certain assets and the business of Decimal Industries (Decimal) of Copiague, Long Island, New York. Decimal is a long established Long Island based manufacturer of aerospace components whose customers include major aircraft component suppliers....

Monday, 1 Jul 2013 03:15pm EDT

Lockheed Martin Corp Launches Lockheed Martin International

Lockheed Martin Corp announced that it has launched Lockheed Martin International (LMI), a new organization responsible for strengthening international customer relationships and industrial partnerships, and growing the company's global business. The LMI team will work with global Lockheed Martin...

Monday, 1 Jul 2013 09:01am EDT

Moog Inc Announces Sale Of Ethox Medical Buffalo Operations And Hiring Of Advisor To Consider Strategic Alternatives For Medical Devices Segment

Moog Inc announced that it completed the sale of its Buffalo, New York operations of Ethox Medical to Dempsey Ventures for an undisclosed sum. Annual sales from this division are approximately $12 million. Ethox Buffalo employs 88 full-time employees. There is an after-tax non-cash loss of...

Monday, 1 Jul 2013 09:00am EDT

TransDigm Group Inc Acquires Electromechanical Actuation Division From GE Aviation

TransDigm Group Inc announced that it acquired the assets of GE Aviation's Electromechanical Actuation Division for approximately $150 million in cash on June 28, 2013. The business, which will be conducted by TransDigm through a new entity, Whippany Actuation Systems, LLC (Whippany), located in...

Monday, 1 Jul 2013 08:00am EDT

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