Aydin sells Displays Div.; pays off debt to Lockheed Martin
Aydin Corp., Horsham, Pa., sold its Displays Div. to Video Display Corp. for $6.4 million plus the assumption of certain liabilities. The proceeds were used to pay off Aydin's remaining obligations to Lockheed Martin in relation to an arbitration award. Aydin said it did not expect the sale to have...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
