# ST Engineering to acquire MRAS from GE for $630M

ST Engineering's US subsidiary VT Aerospace signed an agreement to acquire MRA Systems (MRAS), a nacelle manufacturer, from General Electric for $630 million.

- Type: Acquisition
- Announced: 2018-09-13
- Where: Baltimore, Maryland, United States
- Value: $630.0M
- Jobs: 800
- Status: announced
- Products: engine nacelle systems, thrust reversers, aerostructures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md) (partner)
- [GE Aviation](https://endata.com/companies/1647.md) (partner)
- [ST Engineering](https://endata.com/companies/17517.md) (acquirer)
- [MRA Systems](https://endata.com/companies/34293.md) (target)
- [Vision Technologies Aerospace Incorporated](https://endata.com/companies/34295.md) (acquirer)
- [Middle River Aircraft Systems](https://endata.com/companies/34296.md) (target)

## Sources

- [stengg.com](https://www.stengg.com/en/newsroom/news-releases/st-engineering-to-acquire-nacelle-manufacturer-for-aggregate-purchase-consideration-of-us-630m/), 2018-09-13: "The Proposed Acquisition will allow ST Engineering to scale up its aerospace capabilities by moving the company into the OEM business of high-value nacelle components and replacement parts."
- [aircosmosinternational.com](https://www.aircosmosinternational.com/st-engineering-to-acquire-mras-114917), 2018-09-13: "The acquisition by ST Engineering follows the decision by the Singapore firm to invest in new growth areas, including businesses that offer competitive products through the ownership of intellectual properties and that are synergistic to its core businesses."
- [airframer.com](https://www.airframer.com/news/release/st-engineering-to-acquire-nacelle-manufacturer-for-aggregate-purchase), 2018-09-13: "The Proposed Acquisition will allow ST Engineering to scale up its aerospace capabilities by moving the company into the OEM business of high-value nacelle components and replacement parts."
- [straitstimes.com](https://www.straitstimes.com/business/companies-markets/st-engineering-acquires-us-engine-parts-firm-for-us630m), 2018-09-13: "ST Engineering is planning its biggest acquisition so far."
- [airforce-technology.com](https://www.airforce-technology.com/news/mas-week-rostec-firstmark-pgz/), 2018-09-27: "General Electric Company has signed an agreement to sell its 100% stake in MRA Systems, LLC (MRAS) to Vision Technologies Aerospace Inc (VT Aerospace) for $630m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.