NYSE listed Crane Company has acquired Vian Enterprises for approximately $103 million on a cash-free and debt-free basis. Vian Enterprises is a global designer and manufacturer of multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications with sole-sourced and proprietary content on the highest volume commercial and military aircraft platforms.…
All posts tagged Aerospace
BAE Systems plc
BAE Systems plc is a British multinational defence, security, and aerospace company. Its headquarters are in London and Farnborough in the United Kingdom with operations worldwide. The company is the largest defence contractor in Europe and among the world’s largest defence companies; it was ranked as the third-largest based on applicable 2017 revenues. Its largest…
Babcock International appoints David Lockwood as new Chief Executive
LONDON: Babcock International Group, the aerospace and defence company, announced the appointment of David Lockwood as CEO, succeeding Archie Bethel, who earlier this year announced his intention to retire. David will join the Company and the Board on 17 August 2020 as CEO designate and will become CEO on 14 September 2020, at which point…
Senior plc announces contract extension with MTU Aero Engines
LONDON: Senior plc, an international manufacturer of high technology components and systems, announced that its Aerospace Division secured a contract extension with MTU Aero Engines for the supply of Pratt & Whitney Geared Turbofan engines airfoils. This is a dual source arrangement from Senior Aerospace Thailand and Senior Aerospace Weston, UK which provides optimum risk…
Atlas Specialty delivers 2.5 million defect-free parts to Boeing
ANAHEIM–(BUSINESS WIRE)–Atlas Specialty Products has delivered its 2.5 millionth AS1581T06 aerospace standard fitting to Boeing. This milestone has been achieved with zero defects since August 2010. The AS1581T06 is fabricated from titanium bar adhering to individual specifications for each end as well as the qualification test requirements. Bill Perea, Quality Manager at Atlas said, “Atlas…