Goodrich sells Avionics unit to L-3 Communications
Goodrich Corp. announced Jan. 29 it was selling its Avionics Systems business to L-3 Communications Corp. for $188 million cash. The sale is part of the company's push to become "a systems supplier, not a component supplier," a Goodrich spokesman said. "We want to focus on markets where we can be...
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.