
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…