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Business/Financial

Curtiss-Wright Closes Deal For PacStar

By Cal Biesecker

Tuesday, November 3rd, 2020

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Curtiss-Wright Closes Deal For PacStar

PacStar's product suite includes small communications modules. Photo: Curtiss-Wright

Curtiss-Wright Corp. [CW] on Monday said it has completed its $400 million acquisition of Pacific Star Communications, Inc. (PacStar), a deal that positions it as a key supplier of tactical and enterprise network communications capabilities for military modernization programs. PacStar is expected to have $120 million in sales this year and is expected to be accretive to adjusted earnings during the first year of ownership. The business, which has 145 employees, will be part of Curtiss-Wright’s Defense segment. PacStar’s software…

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