Stanley Black & Decker Buys Fastener Rollup

aircraft
737 MAX
Credit: Boeing
Stanley Black & Decker will break into aerospace and defense and buy Consolidated Aerospace Manufacturing (CAM), a provider of highly engineered fasteners, latches and other parts for aerospace, for up to $1.5 billion in cash, the companies announced Jan. 29. CAM is owned by private equity investor...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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