Smiths Industries acquire Actuation Systems business from BAe Systems

Aircraft Engineering and Aerospace Technology

ISSN: 0002-2667

Article publication date: 1 August 2000

Keywords

Citation

(2000), "Smiths Industries acquire Actuation Systems business from BAe Systems", Aircraft Engineering and Aerospace Technology, Vol. 72 No. 4. https://doi.org/10.1108/aeat.2000.12772dab.018

Publisher

:

Emerald Group Publishing Limited

Copyright © 2000, MCB UP Limited


Smiths Industries acquire Actuation Systems business from BAe Systems

Smiths Industries acquire Actuation Systems business from BAe Systems

Keywords: Smiths Industries, BAe Systems, Mergers and acquisitions, Actuation Systems

With its second aerospace acquisition this year, Smiths Industries has added further to its aircraft equipment and components activities with the acquisition of the Actuation Systems subsidiary of BAE Systems North America, for $100 million (£63 million). This follows the $175 million acquisition of the aerospace division of Invensys plc, completed at the end of January. Together, these deals support the development of a key product area for Smiths Industries Aerospace - the control and management of aircraft utilities.

The acquisition of Actuation Systems extends Smiths Industries' control technologies into systems located throughout the aircraft. Through its increasing involvement in these utilities, the company informs us that it aims to strengthen its position as a first-tier supplier of highly integrated systems to the aircraft prime manufacturers.