Curtiss-Wright Corporation (NYSE: CW) completed the acquisition of 901D Holdings, LLC, a designer and manufacturer of mission-critical integrated electronic systems, subsystems and ruggedized shipboard enclosure solutions supporting every major U.S. Navy shipbuilding program, for $132m.
The acquisition expands Curtiss-Wright’s instrumentation and controls systems technologies and increases its footprint on critical U.S. Navy shipbuilding programs.
In addition, the combination of 901D’s proven track record and Curtiss-Wright’s electronic systems and software capabilities will allow the acquiring company to provide shipboard solutions on both nuclear and non-nuclear powered vessels.
Founded in 1999, 901D provides solutions utilized in mission-critical applications to protect servers, weapons systems and other hardware aboard all major U.S. Navy aircraft carriers, submarines and surface ships from harsh environments (shock, thermal, electromagnetic). Further, the company is a critical supplier of MIL-SPEC ruggedized enclosure solutions from specification through certification and also provides proven design configurations to match customers’ exact form, fit and function requirements.
901D employs approximately 85 people and will operate within Curtiss-Wright’s Defense segment. The company was in the portfolio of Graycliff Partners LP.
Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. The company employs approximately 9,000 people worldwide.
FinSMEs
10/01/2020