Sponsored by TCI International Inc.
08 Oct 21. Calian buys training firm SimFront. Canadian conglomerate Calian Group has bolstered its defence training portfolio by acquiring Canada-based SimFront Simulation Systems Corporation for up to CA15m (USD11.9m), Calian announced on 7 October.
Combining the two companies will “enable Calian to provide end-to-end military training and simulation capabilities and pursue new opportunities with customers seeking integration and immersive training support”, Calian said.
Calian said it plans to integrate its MaestroEDE exercise management tool with SimFront’s Virtual Command and Control Interface (VCCI) tool because the two software-based products complement each other. MaestroEDE allows teams to develop simulated environments, while VCCI connects simulations to command-and-control systems.
Calian and SimFront have worked together for 15 years to support the Canadian Department of National Defence. SimFront’s other customers include the UK Ministry of Defence and undisclosed entities in the Asia-Pacific region.
Calian paid CA9 m for SimFront at closing and will pay up to an additional CA6 m if certain earnings goals are met over the next two years. SimFront has about 50 employees.
The announcement follows Calian’s acquisition of two developers of defence training exercises last year: UK-based Cadence Consultancy and Norway’s Comprehensive Training Solutions International. (Source: Jane’s)
08 Oct 21. 328 Support Services GmbH officially becomes Deutsche Aircraft GmbH. Today, 328 Support Services GmbH (328SSG) – Type Certificate holder for the D328® aircraft – officially becomes Deutsche Aircraft GmbH (Deutsche Aircraft). The new company name follows the reestablishment of the company as an Aircraft Original Equipment Manufacturer (OEM).
Following a decades-long track record of success as 328SSG, Deutsche Aircraft is poised to support the future of aviation with development of the D328eco™ aircraft, a fast, modern, high-flying, 40-seat hybrid green tech turboprop that is SAF compatible and features a new integrated Companion™ flight deck (based on Garmin 5000 avionics suite). The D328eco is expected to enter into service by end of 2025.
Headquartered in Oberpfaffenhofen, near Munich, Deutsche Aircraft will continue to provide maintenance and technical support to the global D328 fleet in service. Deutsche Aircraft also has plans to grow its engineering, operations, programs and supply chain teams to support the D328eco program development. The first prototypes of the D328eco will be built in Oberpfaffenhofen with the flight-testing campaign scheduled to start in 2024.
The new and state-of-the-art Final Assembly Line (FAL) in Leipzig is on target to be operational by the end of 2024. Restarting production in Germany allows the company to capitalize on the growing and immediate demand for aircraft of this size with a proven and internationally recognized platform.
“It is a very exciting time in aviation and at Deutsche Aircraft. We have a new aircraft OEM, new facilities and a growing team,” said Dave Jackson, Managing Director of Deutsche Aircraft. “To embark on this journey, we needed a strong brand that embodies our ambitions and brings us closer together. Deutsche Aircraft’s brand refers to our German aviation-engineering heritage, our environmental and sustainability consciousness, and our passion for aircraft. Our symbol, the Hummingbird, represents our values and vision. It is sustainable, adaptable and perfectly engineered.”
08 Oct 21. Advisory firms SPA, MCR to merge. US private equity firm Arlington Capital Partners has agreed to acquire Systems Planning Analysis Inc (SPA) and merge it with MCR LLC, which it already owns, to form a US national security systems advisory firm with 1,200 employees and USD350 m in annual revenue, Arlington announced on 6 October.
“Arlington’s investment facilitates the creation of a combined company that will provide specialised advisory solutions to the most critical and complicated government missions,” Arlington said.
SPA president and CEO William Vantine will become president and CEO of the combined company when the acquisition closes “in the coming weeks”, Arlington said. SPA is owned by US-based CM Equity Partners and SPA management. Financial terms of the deal were not disclosed.
MCR CEO Bill Parker said that SPA’s “unique positions” with customers as the US Defense Threat Reduction Agency, the US Navy, and the US Office of the Secretary of Defense will complement his company’s “strength” with customers the US Air Force and US Space Force.
Founded in 1972, SPA provides systems engineering, modeling and simulation, analytics, programme management, and other services to defence and other government customers in the United States and Australia.
MCR, which was founded in 1977 as Management Consulting & Research Inc, provides cost analysis, engineering, and software development to aviation, intelligence, missile, and space programmes, among others. Arlington announced in August that it had agreed to acquire MCR.
SPA and MCR are both based in Northern Virginia. Arlington vice president Ben Ramundo said that additional acquisitions are possible to help the newly combined company grow. (Source: Jane’s)
04 Oct 21. Voyager Space Acquires Valley Tech Systems. Voyager Space (Voyager) has acquired Valley Tech Systems (VTS), a technology company focused on developing controllable solid hypersonic propulsion and open architecture ISR (intelligence, surveillance and reconnaissance) technologies.
Voyager’s acquisition of Valley Tech Systems highlights the company’s intent to further expand its defense capabilities and apply these technologies to support Voyager Space’s existing complementary capabilities and address customer demand across the defense and commercial sectors.
This acquisition marks an important milestone for Voyager as the company expands its focus to further support DoD missions that help ensure a safe operating environment for commercial space. ISR technologies are increasingly important in both the commercial and government sectors and have become a recommended first line of defense to address national security challenges.
VTS was founded in 2007 and is known for pioneering technologies such as open architecture airborne ISR and controllable solid hypersonic propulsion. The company is focused on redefining technology to provide the highest standard of safety and affordability as applied to maneuvering reentry systems, missile defense, commercial and DoD space launch systems, small launch vehicles, and payloads. VTS also holds multiple awards from the Missile Defense Agency, NASA, the U.S. Air Force, and the U.S. Army for its technologies that include reaction control systems, next-generation propulsion, active thruster nozzles, and more.
Voyager’s acquisition of VTS adds to the company’s expanding expertise relative to the defense industry to complement its deep capabilities in civil and commercial space. Most recently, Voyager added Jim Bridenstine, former NASA administrator, Ellen Lord, former undersecretary of defense and Dr. Cheryl Shavers, former undersecretary of technology, to the company’s Board of Directors and Advisory Board. The company also brought on Eric Stallmer as executive vice president of government affairs and public policy earlier this year.
“VTS is a leader in controllable solid propulsion and ISR technologies and can help to solve key pain points for space missions and create a safer and more affordable space ecosystem,” said Dylan Taylor, CEO of Voyager Space. “We are eager to work with the VTS leadership team to further support VTS’ continued growth and success.“
“We are focused on breaking technology barriers in space and joining forces with Voyager was an essential step in not only gaining additional access to capital but having the resources and collaboration needed to continue to push the barriers for innovation and affordable solutions in the field, all while remaining an agile, non-traditional supplier,” said Mike O’Brien, president of VTS. “We look forward to becoming part of Voyager as we support upcoming launches with the U.S. government and the commercial space industry using our mission-focused solutions.” (Source: Satnews)
01 Oct 21. Bid For Eutelsat By Patrick Drahi of Altice. From the Advanced Television infosite, the Patrick Drahi (the founder and owner of multinational Altice NV)bid for Eutelsat occupied one of the site’s lead stories…
Eutelsat shareholders had a prosperous day on September 30th when the company’s share price rose dramatically by an initial 15.6 percent (to 11.97 euros), just below Patrick Drahi’s reported 12 euros per share bid.
Eutelsat confirmed receipt of the bid and rejected the approach. This suggests either Drahi doesn’t have the backing of state-backed BPI or else – naturally – Eutelsat wants more cash on the table.
For shareholders, this is a dilemma. They will receive their annual dividends from Eutelsat in November (currently at 0.93 euros and above 2020’s 0.89 euros) and a solid return that is well covered by revenues and likely to continue. In other words, Drahi might be expected to place more cash on the table to tempt institutional investors to take up any final offer.
Indeed, investment bank Exane/BNPP, in a note to clients, said, “It might simply be that shares are near all-time lows and he sees value (we see ETL as under significant structural pressure). Given the nature of the potential acquirer, we believe that the French government could be amenable to such a deal.”
However, set against this pretty picture is the fact that, back in October of 2019, Eutelsat shares cost 18 euros. In October of 2018, they were valued at 22 euros. In September of 2017, they were a thumping 24 euros per share.
Longer-term investors might want to see these levels achieved again and they must ask themselves whether this prospect can happen under Eutelsat’s current management or would Drahi make a better manager? Of course, the larger question is whether Eutelsat will stay as a public company. (Source: Satnews)
04 Oct 21. Mirion Technologies, Inc. Acquires US-based Dosimetry Services Distributor. Mirion Technologies, Inc. (“Mirion”), a global provider of detection, measurement, analysis and monitoring solutions to the medical, nuclear, defense, and research end markets, today announced the acquisition of the Dosimetry Badge brand—a small, US-based distributor of personal dosimeter badges. Headquartered in Melbourne, FL, Dosimetry Badge started as a radiation consulting company and evolved into distributing cost-effective dosimetry services to veterinary centers, chiropractic clinics, hospitals, radiology centers, nuclear medicine departments, and other industries that require regular radiation monitoring of employees. The company recorded nearly $500,000 in revenue for the 2020 calendar year, with over 2,000 customers relying on Dosimetry Badge solutions for accurate dose reporting.
“Adding the distribution channels and user-base of Dosimetry Badge to our organization will increase the stateside footprint of our dosimetry product offering, contributing to the continued growth of our industry-leading dosimetry operations,” says Lou Biacchi, President of Mirion Dosimetry Services. “We look forward to serving existing Dosimetry Badge customers while providing them with the opportunity to explore the robust dosimetry options available at Mirion.”
Mirion provides personal radiation monitoring services and dosimetry solutions for a wide range of applications. Personal dosimeters are typically worn by individuals (clipped to their collar, torso, waist, wrist or worn as a ring on their finger) who work with or around sources of ionizing radiation and are used to measure, record, and track the radiation dose they are exposed to while performing their job.
Mirion’s flagship innovation, the Instadose®* dosimetry monitoring platform, is a SMARTER personal dosimeter technology that eliminates the need to collect and return badges every wear period. Providing on-demand and automatic dose reads and insights, Instadose dosimeters enable instant access to current and historical exposure data and cumulative dose insights, along with the ability to make account, location, device, and wearer changes online within minutes.
With the acquisition of the Dosimetry Badge brand and its distribution contacts, Mirion will strengthen its position in the US dosimetry market.
Mirion expects to complete its business combination with GS Acquisition Holdings Corp II (NYSE: GSAH) and become a publicly listed company in the second half of 2021, subject to satisfaction of closing conditions, including certain regulatory approvals.
*Instadose® dosimeters may not be accredited in all countries. Please call 800-251-3331 for more information about international availability.
(Source: BUSINESS WIRE)
05 Oct 21. Melrose Trading Update. Melrose Industries PLC (“Melrose” or the “Group”) publishes the following trading update for the period 1 July 2021 to 30 September 2021 (the “Period”). All numbers are calculated at constant currency.
Melrose is seeing improvement in the Aerospace end markets with revenue in the Period being 16%1 higher than the same period last year. The Aerospace business continues to improve its performance through restructuring, and we expect the pace of this to further pick up during the second half.
As previously discussed, there are well publicised supply constraints in the automotive industry, and this naturally affects the performance of the Automotive and Powder Metallurgy divisions. At present the timing and duration of these constraints is uncertain, but recently the consensus view is that they have lengthened. There are a number of scenarios possible, but it is likely these are below previous expectations.
The underlying demand from Automotive customers is strong, with the near-term schedules from customers being above 2019 pre-COVID-19 levels. Those schedules are, however, then being heavily constrained by the customers due to their supply chain issues caused by the global shortage of semi-conductors. This is best illustrated by ‘in month cancellations’ from customers rising from a normal rate of c.1% each month experienced in Q1 this year to a current rate of approximately 20% to 25%. A similar theme is impacting Powder Metallurgy. These industry supply issues are very difficult to plan for, or predict, and both businesses are working with their customers to best manage this challenging situation.
The Automotive and Powder Metallurgy divisions would nevertheless both still be able to deliver a full year margin of approximately twice that achieved last year should the supply for light vehicle production this year more closely resemble 2020 COVID-19 levels (i.e. approximately 76 m vehicles), as some industry bodies now assume. This shows the clear benefit from the restructuring projects being delivered especially as there is much less governmental help for the industry this year compared to last.
Melrose is confident that the scale of the impact on profitability from any revenue adjustment is in line with previous guidance given on margin drop-through, further underlining the good progress being made with the restructuring of these businesses. Both the Automotive and Powder Metallurgy businesses are fully on track to achieve their margin targets once supply constraints are resolved. As an inflationary environment returns, all of the businesses are focussed on the recovery of their costs and will take whatever actions are necessary to do so.
Cash generation in the year is expected to be managed well, with all businesses showing positive cash flows, despite the supply constraints in the automotive industry, and with continued investment in new technology and restructuring. The disposal of Nortek Control for $285 m has been successfully completed.
As stated in the interim results, the Board will review a capital return next March in the light of market conditions at the time.
Simon Peckham, Chief Executive of Melrose Industries PLC, said, “All internal management actions are on track, and many are ahead of plan. We are very pleased with the internal progress being made. Tightened supply of semi-conductors to the automotive industry are frustrating and difficult to plan for, but whilst they affect current trading, they don’t impact long-term value, particularly as cash is well controlled and debt reduced. We have made our businesses better, more flexible and resilient to deal with near term headwinds, and all our businesses are on track to achieve their margin targets assuming partial end market recoveries.”
1 Adjusted for the disposals of Fokker Services and Fokker Techniek, completed in H1 2021.
30 Sep 21. Akamai Technologies announced that it has entered into a definitive agreement to acquire Guardicore, based in Tel Aviv, Israel. Akamai is aiming to expand its zero trust security portfolio by adding Guardicore’s micro-segmentation solution. Guardicore’s micro-segmentation solution is designed to limit user access to only those applications that are authorised to communicate with each other. By denying communication as the default, the threat surface and risk exposure are drastically reduced, thereby limiting the spread of malware and protecting the flow of enterprise data across the network. This protection is designed to extend beyond the data centre to the cloud, including bare metal, virtual machines and containers. Guardicore’s micro-segmentation solution provides this much-needed capability, substantially mitigating the impact of breaches and the threat posed by ransomware. Their solution enables deep visibility into application flows, across data centre and cloud applications, allowing businesses to granularly understand and protect their infrastructure, from the core of the enterprise to the cloud. As a result, breaches can be detected early on so that corrective actions can be taken as quickly as possible. Given the recent surge in ransomware attacks and increasingly stringent compliance regulations, investing in technologies to reduce the spread of malware has become mission critical, according to Tom Leighton, chief executive and co-founder of Akamai Technologies.
“By adding Guardicore’s leading micro-segmentation products to Akamai’s comprehensive portfolio of zero trust solutions, we believe Akamai will be able to provide the most effective way to combat ransomware on the market today,” Leighton said.
Akamai currently offers a broad suite of zero trust security solutions, including Web Application Firewall (WAF), Zero Trust Network Access (ZTNA), Domain Name System (DNS) Firewall, and Secure Web Gateway (SWG), that help prevent attackers and malware on employee devices from gaining access to enterprise infrastructure and applications.
Due to the surge of ransomware attacks, enterprises need a second layer of defence to block the spread of malware after it has gained a foothold within the corporate infrastructure. The acquisition will enable Akamai to provide comprehensive protections to an enterprise, defending against threat actors and the spread of malware and ransomware.
According to Pavel Gurvich, co-founder and chief executive of Guardicore, the company’s main aim is to protect enterprises from damage caused by breaches, like ransomware, while safeguarding the critical assets at the heart of the network.
“The customer is able to reduce risk in a holistic way across all products, managing from a single console, versus many products and machines. My team and I greatly look forward to joining Akamai to protect the user and the enterprise – no matter what the user is doing or where end users and workloads are located,” Gurvich said.
Under terms of the agreement, Akamai has agreed to acquire all of the outstanding equity of Guardicore for approximately $600 m, after giving effect to expected purchase price adjustments.
The closing of the transaction, which is subject to customary closing conditions, is expected to occur in the fourth quarter of 2021. For fiscal year 2022, the Guardicore acquisition is anticipated to provide about $30-35 m in revenue, and Akamai’s non-GAAP operating margin is anticipated to be in the range of approximately 29-30 per cent.
The company’s non-GAAP operating margin is expected to return to at least 30 per cent for fiscal year 2023. On its next quarterly call currently scheduled for 2 November 2021, the company plans to provide third quarter 2021 financial results and full year 2021 financial guidance including any expected impact from Guardicore. (Source: https://www.cybersecurityconnect.com.au/)
04 Oct 21. Date set for Denel liquidation application. The downward trajectory of State-owned defence and technology conglomerate Denel will next week be the subject of yet another round of legal arguments when an application for liquidation makes it to the North Gauteng High Court in Pretoria. The application was initiated by specialist defence industry company Saab Grintek in the wake of Denel apparently not paying the Highveld Park, Centurion, company for work it performed. The High Court appearance is reported by UASA (United Association of SA – the Union) which has questions for Public Enterprises Minister Pravin Gordhan in the light of ongoing uncertainty about the future of Denel, notwithstanding a turnaround strategy announced by interim chief executive William Hlakoane in August. The Florida, Gauteng headquartered labour organisation, which is affiliated to FEDUSA (Federation of Unions of SA), said in a weekend statement that Pretoria-based SME Infratech is part of the Saab Grintek liquidation application to be heard on 11 October.
SME Infratech, according to the SA Capital Equipment Export Council (SACEEC), specialises in engineering unique products and providing turnkey solutions to meet complex requirements, with a focus on HVAC and complex mechanical systems.
UASA, not content with repeated failings by Denel to meet full salary and employee benefit commitments despite court orders for it to do so, penned a letter to Gordhan ahead of the High Court hearing. The missive has it that, if the liquidation applications are successful, it will be the “death knell” for thousands of jobs and will be followed by the “devastating socio-economic impact of even more unemployment in South Africa”.
UASA asks Gordhan for clarification on three issues. They are: will the State – as sole Denel shareholder – oppose liquidation; will Denel employees be paid all outstanding salaries and benefits – in full – and will the Department of Public Enterprises (DPE) afford Denel the same or similar financial and rescue support other SOEs such as SAA enjoyed? (Source: https://www.defenceweb.co.za/)
03 Oct 21. Elbit Systems’ Medical Device Spin-Off, Beyeonics, Raises $3m. Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) (“Elbit Systems”) announced today that its subsidiaries, Beyeonics Surgical Ltd. (“Beyeonics Surgical”) and Beyeonics Vision Ltd. (“Beyeonics Vision”), concluded a financing round in an aggregate amount of $36m. The financing round is comprised of an investment in Beyeonics Surgical and Beyeonics Vision in an aggregate amount of $26 m led by the Italian investment fund TechWald Holding and the Israeli investment fund Alive Israel HealthTech and with participation of the existing shareholders LR Group, XT Hi-Tech, Aurum Ventures and Mivtach Shamir; and a $10 m convertible loan to Beyeonics Vision by global surgical ophthalmic company BVI Medical (“BVI”). Following the investment, Elbit Systems is a minority shareholder in Beyeonics Surgical and Beyeonics Vision.
Beyeonics Surgical and Beyeonics Vision are medical technology companies that aim to interface the systems in operating rooms using augmented reality, tracking and image processing/AI platforms, providing surgeons with valuable information and decision guidance while performing automatic tasks. The technology is designed to establish a new visualization and control standard in operating rooms by creating an integrated work environment.
Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: “The completion of an additional financing round attests to the commercial potential of our technologies. We are proud to have spun off companies that leverage some of our unique technologies to materially enhance surgeons’ capabilities in the operating room. We hope this investment will enable Beyeonics Surgical and Beyeonics Vision to expand product development, to include additional surgical applications and to accelerate commercialization.”
About Beyeonics Vision and Beyeonics Surgical:
Focused on Ophthalmology, Beyeonics Vision is planned to begin commercializing its product Beyeonics™ One in the U.S. by the end of 2021, following more than 300 successful cataract and retina surgeries performed in the U.S. and Israel. Beyeonics Surgical is focused on Neurosurgery and Orthopedics products, with pipeline applications that include minimally invasive surgery and surgical robotics. The companies leverage cutting-edge imaging and head-mounted display (HMD) technologies originally developed by Elbit Systems for aerospace applications.
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (“C4ISR”), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
01 Oct 21. CAES Acquires Colorado Engineering, Inc.. New combined entity broadens CAES digital systems engineering and manufacturing capabilities to provide more complete defense electronics and mission-critical solutions.
CAES, announced today that it has acquired Colorado Engineering, Inc. (CEI), a leading Radio Frequency (RF) and high-performance computing (HPC) solutions provider in Colorado Springs, Colo. CEI’s cutting-edge advancements in providing solutions to complex defense and commercial systems, along with their extensive experience in RF, digital, analog hardware and software solutions, complement CAES’ leading RF, microwave and millimeter wave expertise and manufacturing capabilities across advanced electronics that serve the Aerospace and Defense industry.
“With a shared customer-first culture and passion for solving the most challenging electronic breakthroughs needed in our industry, I am excited to have CEI join our company and continue our successful partnership together,” said Mike Kahn, President and CEO, CAES. “The combination of CAES’ RF and integrated microwave assembly and deep manufacturing expertise, with CEI’s advanced technology and digital systems engineering prowess allows us to deliver agile and differentiated solutions to our customers. Together, we are well-positioned to deliver on next generation platforms.”
“For over 18 years, CEI’s mission is to continually innovate and serve our customers’ needs. I am excited for this next chapter as we continue to pioneer advanced electronics solutions, together with CAES,” said Nancy Scally, Chief Executive Officer, CEI. “Both CEI and CAES have a passion for engineering and innovation. Working as one, we will be able to deliver more benefits to our customers and employees.”
Founded in 2003, CEI is one of the world’s foremost leading RF and HPC solutions providers offering leading-edge technology solutions for the commercial, industrial, automotive, and military industries. CEI supplies off-the-shelf solutions for hardware and software as well as custom-tailored solutions for any application. CEI offers quick turn, innovative solutions, allowing for lower costs, and high-quality designs. In addition, CEI’s expertise includes radar, communications, digital processing, algorithms, cognitive electronic warfare (EW), artificial intelligence (AI) and machine learning (ML) for next generation platforms.
CAES is a pioneer of advanced electronics for the most technologically challenging military and aerospace trusted systems. As the largest provider of mixed-signal and radiation-hardened technology to the United States aerospace and defense industry, CAES delivers high-reliability RF, microwave and millimeter wave, microelectronic and digital solutions that enable our customers to ensure a safer, more secure world. On land, at sea, in the air, in space and in cyberspace, CAES’ extensive electronics and enhanced manufacturing capabilities are at the forefront of mission-critical military and aerospace innovation. www.caes.com (Source: BUSINESS WIRE)
01 Oct 21. Global Aerospace Business, Ontic, Expands Footprint with Latest UK Acquisition and Licensing Agreement. Ontic has completed the sale and licensing of certain legacy product lines from Triumph Group’s Staverton facility in the UK. The transaction includes the existing facility and select product lines associated with the site.
The Staverton facility in Gloucestershire supports a range of platforms in the Military, Civil and Marine Markets including the Airbus A330, BAE Hawk and Tornado, as well as the weapon handling systems on a variety of submarines.
This acquisition expands Ontic’s capacity in the UK following the successful growth of its existing facility in Cheltenham.
Gareth Hall, President and CEO of Ontic, said, “Ontic is excited at the opportunity to grow our UK presence with the purchase of the Staverton facility as part of our long-term strategy to expand the licensing solutions we are able to provide our partners across the industry. Not only will we be growing our business footprint with space, equipment, and product lines, but we will be welcoming 90+ talented new employees to the Ontic family, with expertise in mechanical solutions.”
Ontic maintains a global focus by supporting customers and licencing partners from manufacturing and MRO facilities in Chatsworth, California; Creedmoor, North Carolina; Plainview, New York; Cheltenham and Bolton in the United Kingdom, Singapore, and newly added Staverton.
With over 47 years of aerospace product manufacturing and aftermarket support experience, Ontic provides FAA, CAAS, CAAC, TCCA, DCA, EASA Part 21 and 145 OEM support, including new and serviceable spares and repairs for over 7,000 established aircraft parts. Ontic’s portfolio of products, licensed or acquired from major OEMs such as Honeywell, Collins Aerospace, Safran, Thales and GE Aviation, span all major aircraft systems in both civil and military markets. (Source: BUSINESS WIRE)
TCI International, Inc., is a wholly-owned subsidiary of SPX Corporation. TCI provides turn-key solutions for spectrum management and monitoring, direction finding, geolocation and communications intelligence to civilian, government, military and intelligence agencies as well as antennas for communications and high-power radio broadcasting. TCI is headquartered in Fremont, California, USA. For more information, visit www.tcibr.com.