Curtiss-wright to acquire safran aerosystems arresting company

Davidson, n.c.--(business wire)--curtiss-wright corporation (nyse: cw) today announced that it has entered into an agreement to acquire the assets that comprise the safran aerosystems arresting company (saa) for $240 million in cash. saa is a designer and manufacturer of aircraft emergency arresting systems with more than 5,000 systems worldwide and currently sells into more than 70 countries. saa generated sales of approximately $70 million in 2021 and is expected to be accretive to curtiss-wr
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