Kaman Corp. [KAMN] last week said it has agreed to acquire Global Aerosystems, LLC, a provider of aerostructure engineering design analysis and Federal Aviation Administration certification services to the aerospace industry.
Terms of the pending deal, which is expected to close around Dec. 10, were not disclosed.
Global Aerosystems, based in Washington, provides engineering and design services to Boeing [BA] and Japan’s Kawasaki Heavy Industries. Other customers include Japan’s Mitsubishi Aircraft Corp. and Heavy Industries, Canada’s Bombardier, and the U.S. Defense Department.
“The Global workforce of more than 120 aerospace engineers is widely respected in the fields of aircraft design and stress analysis,” Greg Steiner, president of Kaman Aerospace Group, said in a statement. “Kaman has been a quality supplier of aerostructure components, assemblies, and subassemblies for more than fifty years. Together, we can now provide seamless services, from origination and concept design through component manufacturing, assembly, certification and post production support. Combined we will be able to take on responsibility for engineering design and production of aerostructure assemblies to produce both metallic and composite component fabrications and subassemblies.”
Global’s financial adviser on the deal was Exvere, Inc.