flight-critical systems

1 articles
BenzingaBenzinga··Lekha Gupta

Parker-Hannifin Bolsters Aerospace Portfolio With $2.55B CIRCOR Acquisition

Parker-Hannifin acquires CIRCOR's aerospace business for $2.55B, adding flight-critical systems with $270M projected 2026 sales and 40%+ margins, immediately accretive to earnings.
KKRKKRSKKRTKKRpDPHacquisitioncommercial aviation