Amca, a VC-backed firm that acquires and modernizes legacy aerospace and defense suppliers, has purchased Payne Magnetics for an undisclosed sum.
Credit: Scott Reed/U.S. Air Force/Alamy Stock Image
The Southern California-based Advanced Manufacturing Company of America (Amca), which acquires and modernizes specialized legacy aerospace and defense (A&D) suppliers, has purchased Payne Magnetics for an undisclosed sum. Founded in the 1950s, Payne–also headquartered in Southern California–has long...
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