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Aerospace & Defense M&A image Aerospace & Defense M&A » By The Online Investor Staff, updated Sun., May. 12, 7:34 AM Recent mergers and acquisitions in the Aerospace & Defense M&A category.

This Slide: #22 of 69

Slide #22. Astronics Completes — PGA Electronic

Acquirer: Astronics Completes (NASDAQ:ATRO)
Acquiree: PGA Electronic
Details: Astronics Corporation (Nasdaq:ATRO), a leading provider of advanced technologies for the global aerospace and defense industries, announced today that it completed the acquisition of PGA Electronic ("PGA") on December 5, 2013 for approximately $31.2 million. Approximately $17.5 million of the purchase price was paid in cash and the balance was paid by the issuance of 264,168 shares of Astronics common stock with a market value at the time of closing of $13.7 million.

Astronics is a provider of technologies to the global aerospace, defense and other mission-critical industries. Co.'s products and services include electrical power generation, distribution and seat motion systems, lighting and safety systems, avionics products, systems and certification, aircraft structures and automated test systems. Co.'s segments: aerospace, which designs and manufactures products for the global aerospace and defense industry; and test systems, which designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries.

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ATRO — Key Stats (updated Fri., May. 10, 10:23 AM)
Company Name:  Astronics Corp
Stock buyback:  ATRO buyback
Website:  www.astronics.com
Sector:  Aerospace & Defense
Number of ETFs Holding ATRO:  19
Total Market Value Held by ETFs:  $55.74M
Total Market Capitalization:  $523.00M
% of Market Cap. Held by ETFs:  10.66%
 

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May 12, 2024  •  7:34 AM Eastern
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Hold (2.00 out of 4)
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