Crane Buys Precision Sensors & Instrumentation for $1.15B

crane
Credit: Crane
Highly engineered aerospace products provider Crane announced June 9 that it will buy Precision Sensors & Instrumentation, a provider of sensor-based technologies for aerospace, nuclear and process industries, from Baker Hughes for $1.15 billion in cash. PSI includes the Druck, Panametrics and...
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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