AeroAntenna Technology, Inc. (“AeroAntenna”), a leader in the design and production of high performance active antenna systems, has been acquired by HEICO Corporation (NYSE: HEI.A and HEI). Headquartered in Chatsworth, California, AeroAntenna manufacturers antenna systems for critical defense applications, precision guided munitions, commercial aircraft, ground vehicles and other commercial uses. AeroAntenna is a market leader in numerous antenna types and applications including GPS, aircraft navigation and satellite communications. The transaction is HEICO’s largest acquisition in company history. AeroAntenna will become a part of the HEICO Electronic Technologies Group.
PB&W attending the Association of the United States Army (“AUSA”) Annual Meeting & Expo, Oct. 9-11, Washington D.C.
Ted Werner and Nick Berry, Managing Directors at PB&W, will be attending the Association of the United States Army (“AUSA”) 2017 Annual Meeting and Exposition. The AUSA Annual Meeting is one of the largest land warfare expositions in the world, with over 700 industry and military exhibits and over 26,000 attendees.
The conference will be held on October 9th through the 11th, 2017, in Washington D.C. at the Walter E. Washington Convention Center.
Adaptive Methods, Inc., a leading Undersea Warfare (“USW”) systems engineering company, was acquired by L3 Technologies, Inc. (NYSE: LLL). Based in Centreville, Virginia, Adaptive Methods delivers USW and Anti-Submarine Warfare (“ASW”) capabilities for U.S. military customers. It is also developing autonomy and sensor payload solutions for use by Unmanned Undersea Vehicles (“UUVs”). Additionally, the company provides tactical buoy systems for manned and unmanned platforms, as well as ASW sonar processing systems and displays and command and control/theatre ASW systems.
Atlas Devices, LLC (“Atlas”), a leading developer, manufacturer and supplier of rapid access solutions, has been recapitalized by Anvil Capital. Atlas provides innovative solutions that enable rapid access for defense, special forces, security, law enforcement and rescue personnel during difficult missions in maritime, urban, airborne and other environments. Atlas manufacturers the highest performance power ascenders in use today and also offers other specialized access products such as ropes, ladders, poles, hooks, magnetic climbing systems, launchers and related products.
In response to the widespread devastation caused by Hurricane Harvey in Texas, PB&W has contributed to the Salvation Army to help provide food, emergency shelter, relief supplies and comfort to those affected by the storm. We encourage both individuals and corporations to also support the charities and critical organizations working to assist those in need.
To contribute to the Salvation Army hurricane relief efforts, please go to the Salvation Army website at www.salvationarmy.org and click on “Donate Now”.
PB&W will be attending the NBAA (“National Business Aviation Association”) Business Aviation Convention and Exhibition (“BACE”). NBAA-BACE is the world’s largest business aviation industry event and will feature over 1,100 exhibitors and 100 aircraft on display. The conference will be held at the Las Vegas Convention Center and Henderson Executive Airport in Las Vegas, Nevada from October 10th through the 12th, 2017.