MRA Systems

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.

Singapore Technologies Engineering agreed to purchase aircraft part manufacturer MRA Systems from General Electric for $630 million. The deal will allow ST Engineering to move into manufacturing and spare parts for engine nacelles.

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