Pratt & Whitney Canada is to bolster its aftermarket service capability by acquiring Altair Avionics, a manufacturer of diagnostic systems based in Norwood, Massachusetts. Altair's equipment allows aircraft and engine parameters to be recorded in flight, while its internet-based data management system allows operators to track usage and performance. Hamilton Sundstrand has purchased the Hydraulic Systems division of Italy's Magnaghi Aerospace. Based in Brugherio, the division is an aerospace actuation supplier with annual revenues of around $20 million. Kaman is to acquire Wichita, Kansas-based Plastic Fabricating, a privately held manufacturer of composite parts and assemblies for aerospace, with estimated sales last year of over $14 million. L-3 Communications is buying the detection systems division of PerkinElmer for $100 million to boost its security products business. The PerkinElmer company produces air transport security equipment, including baggage and freight scanning systems. The purchase is the latest in a number of acquisitions by defence and electronics specialist L-3, which have included the defence business of Bulova Technologies for $44 million. The Lancaster, Pennsylvania-based business, with annual revenues of $55 million, produces fuzes and safe-and-arm devices for weapons. Canadian simulator manufacturer CAE has completed its $247 million purchase of SimuFlite Training International from GE Capital. The sale will be financed by the sale and leaseback of SimuFlite assets.
Source: Flight International
