Precision Castparts is acquiring Synchronous Aerospace Group in an all-cash deal that is expected to close by the end of the year. Financial details are not being disclosed, but Precision Castparts predicts the merger will be immediately accretive to earnings and will be listed, after regulatory approval, as part of its Airframes Products segment. Synchronous builds mechanical airframe assemblies, including secondary flight controls and structural components. The company has ...
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