Electronic and structural systems producer Ducommun has agreed to acquire Everett, Washington-based aerodynamic systems supplier BLR Aerospace, the companies said today. Expected to close in the second quarter of this year, the transaction remains subject to customary closing conditions and regulatory approval. BLR offers the FastFin tail rotor stability system for helicopters, in addition to winglets, vortex generators, and quiet propellers for airplanes.
“I am delighted to welcome the team at BLR Aerospace to Ducommun as we continue to add proprietary engineered products to our portfolio,” said Ducommun chairman and CEO Stephen Oswald. “This is a first step in our commitment made during Ducommun’s Investor Day last December to increase the amount of engineered products and aftermarket in our revenues…The other exciting aspect of BLR is that they are contributing to the advancement of both the commercial aviation and defense industries through innovation and that is in line with our company’s vision.”
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