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PCX Aerosystems To Acquire Component Manufacturer Senior Aerospace Connecticut

Cal Biesecker By
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PCX Aerosystems To Acquire Component Manufacturer Senior Aerospace Connecticut
Turbine engine components made from Nickel alloy by Senior Aerospace Connecticut. Photo: Senior Aerospace

PCX Aerosystems on Monday said it has agreed to acquire Senor Aerospace Connecticut, a manufacturer of metallic components for rotorcraft and turbine engines. Senior Aerospace Connecticut, a U.S. subsidiary of Britain’s Senior plc, had $43.1 million in sales in 2019 and $4.9 million in operating profit. The business has about 100 employees. Senior said that PCX is paying $74 million for its Connecticut-based business. The transaction is expected to close in the first half of 2021. PCX, which is also…

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