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Business/Financial

Cobham Completes Acquisition Of Trivec-Avant

Defense Daily Staff

Tuesday, November 1st, 2011

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Britain’s Cobham yesterday said it has completed its purchase of satellite communications technologies for $126 million in cash. The deal, which was first announced in September, has an earn out provision of up to $18 million payable between 2013 and 2014, based on future performance. California-based Trivec makes satellite communications antennas for communications on the move, including airborne, land-based, shipboard and vehicle-based. Cobham said that Trivec’s products are complementary to its Antenna Systems business. Cobham expects the deal to be…

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