Safran has entered into a definitive agreement with Goodrich Corporation to acquire the electrical power systems activities of Goodrich (Goodrich Electric Power Systems – GEPS), a leading supplier of on-board aerospace electrical power systems. These activities are expected to generate revenues of over USD 200m in 2012, of which the aftermarket business (spares and MRO services) should contribute half. GEPS employs approximately 560 people, primarily at its headquarters and facility in Pitstone Green (c. 460 people), UK, and at a facility in Twinsburg (c. 100 people), OH, USA.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada