CMC Electronics completes sale of Cincinnati Electronics business to L-3

Aviation International News » January 2005
January 29, 2007, 5:10 AM

CMC Electronics and L-3 Communications have completed a $172 million deal to sell CMC’s Cincinnati Electronics division, an Ohio manufacturer of infrared sensors, imaging detectors, missile warning systems, space launch vehicle products and spacecraft electronics to L-3.

As part of the transaction, CMC has signed a long-term supplier agreement with Cincinnati Electronics for infrared components used in its enhanced vision systems, which CMC is selling to Bombardier for use in the Global Express. L-3 bought the Cincinnati Electronics business to allow it to compete for a number of super-secret military contracts.

Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.