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Curtiss-Wright To Acquire Battlefield Tactical Communications Provider PacStar

Cal Biesecker By
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Curtiss-Wright To Acquire Battlefield Tactical Communications Provider PacStar
PacStar's product suite includes small communications modules. Photo: Curtiss-Wright

Curtiss-Wright [CW] on Thursday said it has agreed to acquire Pacific Star Communications, Inc. (PacStar) for $400 million in cash, adding battlefield tactical networking equipment and solutions to its capabilities. The acquisition is expected to close during the fourth quarter of 2020 subject to regulatory approvals. PacStar, which is based in Oregon, has about 145 employees and is expected to have more than $120 million in sales this year. Curtiss-Wright expects the acquisition to be accretive to adjusting per share…

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