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Precision Castparts To Acquire Aerostructures Firm Synchronous Aerospace

Precision Castparts [PCP] yesterday said it has agreed to acquire Synchronous Aerospace Group as it continues to expand its aerostructures capabilities. Terms of the deal, which is expected to close in December, were not disclosed. Synchronous, which is based in California, manufactures mechanical assemblies, secondary flight controls, and various structural components such as wing ribs, bulkheads and track and beam assemblies and has core capabilities in gantry machining, hard metal machining, high-speed machining, and metal and composite bonding. Most of…

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