Esterline focus on Aerospace/Defense Industries

Esterline focus on Aerospace/Defense Industries

Keywords: Esterline, Aerospace

Excellon Automation and a sister company in Esterline Technologies'Automation Segment will be sold as part of Esterline's plan to focus on the aerospace and defense industries.

Benefits of the decision include clarifying the Esterline message to shareholders, focusing on their commitment to become a leading specialty niche supplier to the aerospace industry, and highlighting the performance of the corporation's core operations.

As Excellon's parent company, Esterline has fully supported Excellon's efforts to move forward with unique product development throughout the industry downturn. Esterline has emphasized their continued commitment to this support until the company sale is finalized.