AlliedSignal has acquired DuPont Lanxide Composites, the Delaware-based DuPont/ Lanxide joint venture which produces ceramic matrix composites used in aerospace products. The company, which had sales of $9 million last year, will be renamed AlliedSignal Composites and folded into the Aircraft Landing Systems unit of AlliedSignal Aerospace Equipment Systems. AlliedSignal is also acquiring the Canaan Group, an aerospace management consulting firm.
Source: Flight International