3 March 2009

General Electric Company (GE) has signed a definitive agreement to purchase Teleflex Incorporated’s (Teleflex) 51% share of Airfoil Technologies International-Singapore (ATI-Singapore), a joint venture between GE and Teleflex, for $300 million in cash. GE currently holds a 49% share in ATI-Singapore. The purchase will be completed upon receipt of various regulatory approvals and customary closing […]

Astronics Corporation announced that its previously reported results for the 2008 fourth quarter and full year ended December 31, 2008, have been revised to reflect the write off of all remaining assets related to its business with Eclipse Aviation, which last week informed its suppliers that it has suspended all business operations after deciding not