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Business/Financial

Curtiss-Wright Acquires Tactical Data Link Software Company

By Cal Biesecker

Tuesday, March 19th, 2019

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Curtiss-Wright Acquires Tactical Data Link Software Company

TCG's products include LinkPRO, a configurable front end tactical data link processor. Photo: TCG

Curtiss-Wright Corp. [CW] on Monday said it has acquired Tactical Communications Group (TCG) for $50 million in cash, complementing its existing capabilities in tactical data link (TDL) technology. Curtiss-Wright said the acquisition will be accretive to its earnings per share this year excluding one-time costs. The new business will be part of Curtiss-Wright’s Defense segment. TCG, which is based in Massachusetts and has about 50 employees, had about $15 million in sales in 2018. The company’s customers are primarily in…

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