PEACOCK AEROSPACE OF CONNECTICUT BEING SOLD TO CALIFORNIA FIRM
Jan 02, 1995
Peacock Aerospace, Norwalk, Conn., will be sold to Derlan, Inc., of Santa Ana, Calif., for $2.5 million, according to Peacock's parent company, Struthers Industries. R. Michael Still, president and chief executive of Tulsa, Okla.-based Struthers, said, "The disposal of Peacock will eliminate a drain on Struthers' earnings." Peacock makes landing gears, cylinders, pistons and engine mounts. Derlan's products include aircraft external fuel tanks and electronic pods, pylons and launch vehicle structural components.