Precision Castparts acquires SPS Technologies for $575M

Precision Castparts Corp. announced Aug. 18 it is acquiring SPS Technologies Inc. in a stock and cash deal worth nearly $575 million. SPS Technologies, based in Jenkintown, Pa., manufactures fasteners and precision components for the aerospace, automotive and industrial markets, and super alloys and...

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.