TRW buys commercial laser company
TRW will spend $19 million in cash and assume $5 million in debt to buy Cutting Edge Optronics Inc., a St. Louis-based supplier of solid-state lasers. Timothy W. Hannemann, executive VP and general manager, TRW Space&Electronics Group, said the acquisition enhances TRW's product portfolio. "This...
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.