PRLog (Press Release) -
Jul 12, 2010 -
CHARLOTTE, NC - June 2, 2010
Curtiss-Wright Corporation (NYSE: CW) today announced that it has acquired Hybricon Corporation for $19 million in cash. Hybricon is a leading supplier of high performance electronic packaging for the aerospace, defense and commercial markets, and provides electronic subsystem integration expertise, which generates more efficient product development and reduced design and manufacturing risk for its customers.
http://www.hybricon.com/default.aspx "We are very excited about adding Hybricon's electronic enclosure technologies and expertise to our existing defense and aerospace system integration operations,"
said David Adams, co-chief operating officer of Curtiss-Wright Corporation. “Hybricon's broad customer base and their leadership position as a supplier of high performance rugged backplanes and enclosures will expand our Electronic Systems' group's ability to provide mission-
critical rugged solutions around the globe."
Hybricon, based in Ayer, MA, designs and manufactures custom and standards-based enclosures and electronic backplanes for defense and commercial applications. They are a leading supplier for the most popular embedded commercial-off-
the-shelf (COTS) system architectures, including OpenVPX, VPX, VXS, VME64X, CompactPCI, and MicroTCA. In 2009, Hybricon had sales of approximately $17 million, including an 85% concentration in the defense market.
Hybricon will operate in Curtiss-Wright's Motion Control segment, within the Electronic Systems division.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, NC, Curtiss-Wright Controls is the Motion Control segment of Curtiss-Wright Corporation, and a leading designer and manufacturer of advanced technologies for niche actuation and drive applications, integrated sensors and electronic subsystems internationally for the aerospace and defense markets.
