Goodrich signs agreement to acquire TEAC Aerospace

Goodrich Corporation announced that it has signed an agreement to acquire TEAC Aerospace Holdings, Inc. (TEAC), a leading provider of proprietary airborne mission data, video recording and debrief products for the defense industry, and cabin video systems for commercial airlines. The transaction is subject to customary closing conditions and regulatory approvals. Terms of the acquisition were not disclosed. TEAC will become part of Goodrich’s Sensors and Integrated Systems business