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Astronics to Acquire EADS North America's Test and Services,Astronics to Acquire EADS North America's Test and Services

By Jess Lulka  

December 4, 2001

Astronics Corporation recently announced it has entered into an agreement to acquire EADS North America’s Test and Services (EADS T&S) division. The agreement is expected to close in February, according to a company press release.

Astronics is a global provider of technologies for the aerospace and defense industries. EADS T&S specializes in automatic test systems, subsystems and instruments for semi-conductor, consumer electronics, commercial aerospace and defense industries. Once acquired, EADS T&S will be in Astronic’s Test Systems segment.

"EADS T&S has developed a strong presence in a diversified set of industries, which provides a broad range of market opportunities for growth," said Peter J. Gundermann, CEO of Astronics. "We also believe that the business possesses a skill set which is highly complementary to our own, and together we will field a stronger team than either entity would do on their own."

For more information, visit Astronics.

 

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About Jess Lulka

Jess Lulka

Jess Lulka is a former associate editor for Digital Engineering. Contact her via [email protected].

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