12.05.2008 13:00:00

GA Telesis, LLC Acquires Component FAA/EASA Approved MRO Facility and Re-Brands It as GA Telesis Component Repair Group Southeast (CRG SE)

GA Telesis ("GAT”), today announced that it has acquired the assets of Curtiss Wright Accessories Services located in Miami, FL, from Curtiss-Wright Controls, Inc. GAT will operate the business as a going concern rebranded as GA Telesis Component Repair Group Southeast ("GAT CRG SE” or "the Company”). GAT CRG SE is located at Miami International Airport in a 56,000 square-foot facility and has sales offices worldwide where it is currently supporting the repair of Airbus, Boeing, Bombardier Douglas and Embraer components, including servo controls, hydraulics, pneumatics, fuel systems, hydro-mechanical, electronics and power generation. The Company currently maintains the highest level of quality organizational accreditation as well as regulatory approvals and licenses from the US FAA, European Air Safety Agency (EASA), Chinese CAAC, Indonesian DGAC, Philippines ATO, Transport Canada, Thailand DCA and Argentina DNA. "With this acquisition, we will be better suited at providing a low-cost component maintenance solution for our customers,” said Abdol Moabery, President & CEO of GA Telesis. "This acquisition fully compliments our acquisition of AM Trading earlier this year.” About GA Telesis GA Telesis is a global leader in the commercial aerospace support industry. With sales, distribution and MRO facilities throughout the United States, Canada, Great Britain and Singapore. GA Telesis specializes in commercial aircraft and jet engine leasing as well as maintaining one of the world's largest replacement aerospace component inventory networks. GA Telesis serves the world’s largest airlines and maintenance organizations with support for Airbus, Boeing, Bombardier, Douglas and Embraer aircraft and components as well as CFM International, General Electric, Honeywell, International Aero Engine, Pratt & Whitney and Rolls-Royce turbine jet engines and replacement components. About Curtiss-Wright Controls, Inc. Headquartered in Charlotte, NC, Curtiss-Wright Controls is the motion control segment of Curtiss-Wright Corporation (NYSE:CW). With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, subsystems and services for the aerospace, defense, navel and industrial markets. For more information, visit www.cwcontrols.com

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Curtiss-Wright Corp. (A) 348,00 0,00% Curtiss-Wright Corp. (A)

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S&P 600 SmallCap 935,46 -0,94%