Curtiss-Wright Acquires Predator Systems

11.01.2011 Acquisitions
Curtiss-Wright Acquires Predator Systems

Curtiss-Wright Acquires Predator Systems

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Curtiss-Wright Corporation announced that it has acquired Predator Systems Incorporated (PSI) for $13.25 million. PSI designs and manufactures motion control components and subsystems for ground defense, ordnance guidance and aerospace applications.

 

PSI will operate within the Flight Systems division of Curtiss-Wright's Motion Control segment.
"PSI's proprietary electro-hydraulic technologies broaden Curtiss-Wright's motion control portfolio, further entrenching our position as a premier supplier for the aerospace and defense markets," said Martin R. Benante, Chairman and CEO of Curtiss-Wright Corporation. "PSI's engineering expertise and advanced product technologies add key building blocks to our actuation, sensor and electronics product lines. PSI's unique capabilities build on Curtiss-Wright's long history of providing highly engineered solutions to an expanding market and customer base."

With 2010 sales of approximately $8 million, the company's key technologies include smart manifolds that feature embedded electronics, hydraulic motors and pumps, electro-hydraulic servo valves, dampers and hydraulic fuses. PSI is an ISO9001-2008 Quality System Registration and FS AS9100 certified company. Founded in 1988, the company is based in Boca Raton, Florida and has 45 employees.

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