Curtiss-Wright Corporation Acquires Pacific Star Communications (PacStar)
September 24, 2020
Curtiss-Wright Corporation agreed to acquire Pacific Star Communications, Inc. (PacStar) for $400 million in cash. The acquisition adds PacStar's rugged tactical communications hardware and IQ-Core network management software to Curtiss-Wright's Defense segment, expanding its battlefield networking capabilities and expected to be accretive to adjusted EPS in the first full year.
- Buyers
- Curtiss-Wright Corporation
- Targets
- Pacific Star Communications, Inc. (PacStar)
- Industry
- Aerospace & Defense
- Location
- Oregon, United States
- Transaction Type
- Buyout
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