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Curtiss-Wright Corporation has entered into an agreement to acquire the assets of Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA is a designer and manufacturer of aircraft emergency arresting systems.
“Curtiss-Wright Corporation today announced that it has entered into an agreement to acquire the assets that comprise the Safran Aerosystems Arresting Company (SAA) for $240 million in cash.”curtisswright.com
Summarized from public sources; check the original articles before acting on it.