Curtiss-wright corporation (nyse:cw) entered into an agreement to acquire 901 d llc for approximately $130 million.

Curtiss-wright corporation (nyse:cw) entered into an agreement to acquire 901 d llc for approximately $130 million on november 26, 2019. the consideration is payable in cash. 901 d llc will operate within the defense segment of curtiss-wright corporation. the transaction is subject to the receipt of regulatory approval and other closing conditions and is expected to close in december 2019. the acquisition is expected to be accretive to curtiss-wright's 2020 adjusted diluted earnings per share, excluding first year purchase accounting costs, and produce a free cash flow conversion rate in excess of 100%.
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