Goodrich to acquire Atlantic Inertial Systems

  • 20-Nov-2009 04:57 EST

Goodrich Corp. signed an agreement with an investment affiliate of J.F. Lehman & Co. to acquire AIS Global Holdings LLC. AIS, known as Atlantic Inertial Systems, is a provider of mission-critical guidance, stabilization, and navigation products and systems for the military and defense market. AIS employs 800 people at facilities located in Cheshire, CT; Heath, OH; Totowa, NJ; and Plymouth, U.K. Primary products include inertial sensors, inertial measurement units, integrated IMU/GPS systems, stability systems, and terrain-avoidance systems for missiles, military aircraft, and land systems. AIS will become part of Goodrich's Sensors and Integrated Systems business, within its Electronic Systems segment.

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