Tracor completes acquisition of AEL

Tracor Inc. completed its previously announced acquisition of AEL Industries last week in a cash transaction of just under $100 million. James B. Skaggs, chairman and president of the Austin, Tex.-based Tracor, said the acquisition, which followed a vote by AEL shareholders approving the sale, "is...

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.