United Industrial Corporation
announced yesterday that its wholly-owned subsidiary
AAI Corporationcompleted the acquisition of
ESL Defence Limited(ESL), an electronic warfare (EW) systems company based in the
. The purchase price was approximately $10 million in cash.
Headquartered in
The simulators are used to assess the operational readiness of missile warning and countermeasures self-protection systems used on military aircraft. ESL's EO simulators are also used at military test, evaluation, and training ranges to evaluate the effectiveness of new self-protection systems and to train pilots for combat readiness.
In addition, ESL, which is expected to generate approximately $7 million in sales during the remainder of 2005, specialises in EW related research, study, and in-service support activity for
government agencies and prime contractors both in the
and in the
.
Massive new Coventry campus targets 60GWh battery output
Where will all the raw materials come from for the manufacturing process? How will they be transported to the factory and what is going to be done with the various scrap and residues?