# ST Engineering receives regulatory approvals for $630M acquisition of MRAS

ST Engineering has received anti-trust approvals for its $630 million acquisition of MRA Systems from GE, pending clearance from the Committee on Foreign Investment in the United States, with closing expected in Q2 2019.

- Type: Acquisition
- Announced: 2019-04-01
- Where: Maryland, United States
- Value: $630.0M
- Jobs: 800
- Status: announced
- Products: engine nacelle systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [General Electric](https://endata.com/companies/1262.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)

## Sources

- [airport-technology.com](https://www.airport-technology.com/news/st-engineering-gets-regulatory-approvals-for-proposed-mras-acquisition/), 2019-03-31: "ST Engineering wishes to provide an update that all applicable anti-trust approvals for the proposed acquisition have been obtained."
- [businesstimes.com.sg](https://www.businesstimes.com.sg/companies-markets/st-engineering-unit-gets-us-government-go-ahead-buy-engine-parts-maker), 2019-04-14: "ST Engineering previously said that the acquisition would scale up its aerospace capabilities by moving it into the original equipment manufacture of high-value nacelle parts."
- [airframer.com](https://www.airframer.com/news/release/st-engineering-completes-acquisition-of-mra-systems-llc), 2019-04-18: "On 18 April 2019, the Proposed Acquisition was completed at a net consideration of about US$506m in cash."
- [straitstimes.com](https://www.straitstimes.com/business/companies-markets/st-engineering-completes-purchase-of-ges-aircraft-part-maker-mras-for), 2019-04-18: "ST Engineering on Thursday completed its acquisition of a US aircraft engine parts maker for US$506 million in cash."

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