Pratt &Whitney has purchased Adroit Systems' Bellevue, Washington-based Astronautics and Aerosciences division, a leader in pulse-detonation technology for advanced turbine and rocket engines. The unit will be renamed P&W Seattle Aerosciences Center. Spar Aerospace has sold its interest in Vistar Telecommunications to NSI Communications for C$4.1 million ($2.72 million), continuing the Canadian firm's transformation into an aviation services company. New Jersey-based TransTechnology is to divest four industrial products operations and focus on aerospace equipment, including Breeze Eastern hoists, and assembly fasteners. The sale should raise $110-130 million, reducing its debt by 50%. Chesterfield, UK-based aerospace metals specialist Gould Alloys has been bought by UK Steelstock for an undisclosed sum. GenCorp of the US is pursuing growth alternatives, including defence-related acquisitions, for its Aerojet aerospace subsidiary. Plans for a space propulsion joint venture between Aerojet and P&W failed last year. Kellstrom Industries has revamped four product-oriented divisions as two market-focused Commercial and Defense units following its acquisition of Aviation Sales' parts resale operations. Kellstrom will dispose of seven facilities this year, with savings of $15 million in 2001.
Source: Flight International