GKN Buying Fokker Technologies for $780 Million
Expertise includes “design, development and production of lightweight aerostructures, electrical wiring interconnection systems and landing gear” and MRO.

Fokker Technologies will be acquired by GKN for €706 million ($780 million) in the fourth quarter, pending approval by “Fokker Works Council and trade unions, ITAR and CFIUS regulatory clearances and anti-trust clearance in the EU and the U.S.,” according to a Fokker Technologies statement released July 28. The move will add Fokker’s expertise in commercial, military and business jet aero structures and component manufacturing and support to GKN’s global airframe and engine subassembly, transparency and fuel/flotation systems manufacturing capabilities.