Eclipse Electronic Systems, Inc. (“Eclipse” or the “Company”), a leading manufacturer of specialized electronics for the intelligence, surveillance and reconnaissance (“ISR”) market, has been acquired by Esterline Technologies Corporation (“Esterline”). Based in Richardson, Texas, Eclipse is a leading manufacturer of signals intelligence and communications intelligence receiver hardware to the airborne ISR market. The Company’s products incorporate modern, open-architecture software/firmware configurable designs and are deployed on a wide range of U.S. and foreign manned airborne platforms. Eclipse products also are deployed on next generation unmanned platforms such as the Northrop Grumman Global Hawk and General Atomics Reaper and Predator
Esterline is a leading world-wide supplier to the aerospace and defense industry specializing in three core areas: Avionics and Controls, Sensors and Systems, and Advanced Materials.
Esterline acquired all of the stock of Eclipse for total consideration of $120 million. Philpott Ball & Werner served as advisor to Eclipse.