Curtiss-Wright Acquires Safran Aerosystems Arresting Company for $240M
July 5, 2022
Curtiss-Wright Corporation completed the acquisition of the Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA, a designer and manufacturer of fixed‑wing aircraft emergency arresting systems with operations in Aston, Pennsylvania and Merpins, France, generated approximately $70 million of sales in 2021, employs nearly 140 people, and will operate within Curtiss‑Wright’s Naval & Power segment.
- Buyers
- Curtiss‑Wright Corporation
- Targets
- Safran Aerosystems Arresting Company
- Sellers
- Safran
- Industry
- Aerospace & Defense
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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