Curtiss-Wright acquires Specialist Electronics Services

PARSIPPANY, N.J., 23 June 2010. Curtiss-Wright Corp. (NYSE: CW) announced that it has acquired Specialist Electronics Services, Ltd. (SES) in Camberley, United Kingdom for 15 million pounds Sterling, or approximately $22 million. SES designs and manufactures rugged, security encrypted data recorders, processors, display media, and software for aerospace and defense applications. SES will operate within the Integrated Sensing division of Curtiss-Wright's Motion Control segment.

Jun 23rd, 2010

Posted by John McHale

PARSIPPANY, N.J., 23 June 2010. Curtiss-Wright Corp. (NYSE: CW) today announced that it has acquired Specialist Electronics Services, Ltd. (SES) in Camberley, United Kingdom for 15 million pounds Sterling, or approximately $22 million. SES designs and manufactures rugged, security encrypted data recorders, processors, display media, and software for aerospace and defense applications. SES will operate within the Integrated Sensing division of Curtiss-Wright's Motion Control segment.

"SES's proprietary designs are based on commercial-off-the-shelf technologies, highly tailored with data security encryption and extreme environmental packaging, which will enhance Curtiss-Wright's leadership position in the aerospace and defense electronic systems market," says Martin R. Benante, chairman and chief executive officer of Curtiss-Wright Corp. "While the United Kingdom represents SES's largest current market, integration with Curtiss-Wright offers increased access to mainland Europe and North America."

With estimated 2010 sales of 6.5 million pounds, or approximately $9 million, SES provides a range of rugged products for airborne and other severe environments, with particular expertise in solid state data recording, computing and control display units, Curtiss-Wright officials say. Key platforms include fixed-wing, rotary-wing and unmanned aircraft, tactical vehicles, and navy vessels. Proprietary technologies include high integrity mission computing, engine monitoring, multi-channel video and data mission recording, rugged and extreme environmental computing, and software for data transmission and technical analysis. Founded in 1991, the company has 41 employees.

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