Calspan Holdings, the parent company to a thriving group of entities including Buffalo-based aerospace and automotive research company Calspan Corporation, reported the acquisition of Triumph Aerospace Systems – Newport News, Inc. The transaction was effective September 30, 2016 and the new company will operate as Calspan Systems Corporation. Calspan Systems Corporation (formerly “Triumph Aerospace Systems – Newport News”), is a globally-recognized, industry-leading, engineering, design, analysis and manufacturing firm, specializing in the engineering and manufacture of complex hardware and prototype systems. Also included in this acquisition is the company’s Force Measurement Systems (FMS) division, located in San Diego, California. Triumph Aerospace Systems – Newport News had been a subsidiary of the Triumph Group since 2006. The acquired company will retain its management, technical and supporting staff and will continue operations at its current headquarters in Newport News, Virginia, along with its San Diego facility. Earlier this year Triumph Group President and CEO, Dan Crowley announced a transformation plan to positively position Triumph for long term success and enhance its competitive position in the marketplace. It is expected that full integration of the companies will be completed by the end of 2016.
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