CMC Electronics Completes Acquisition of Flight Visions
(Farnborough International, July 22, 2002) CMC Electronics has completed the acquisition of Flight Visions Inc., of Sugar Grove, Illinois on July 3, 2002. Flight Visions is a well established military aviation company that designs and manufactures a range of cockpit systems and products that includes head-up displays (HUDs), mission computers and control panels for fighter and fighter trainer aircraft, as well as rotary wing aircraft. The operation in Sugar Grove, IL, comprises approximately 100 employees and will operate as an integral part of CMC Electronics.
"Flight Visions has a very competitive line of Head-Up Display systems and other avionics equipment suited for the military and paramilitary aviation markets. We are excited about this acquisition, as the complementary nature of products and capabilities between our two organizations is excellent and should yield strong, long-term growth," explained Jim Close, president and CEO, CMC Electronics.
Bob Atac, Flight Visions' president and CEO, added: "The addition of Flight Visions represents an excellent opportunity to significantly enhance CMC Electronics’ capability to become the value leader in military aviation cockpit systems."
CMC Electronics designs and produces leading technology electronics products for the aviation, communications, infrared sensing, marine electronics, global positioning and space markets. CMC Electronics is a private company controlled by an investor group led by ONCAP L.P. CMC has designed and built innovative communication and electronics systems since 1903. Its principal locations are in Montreal, Ottawa, Cincinnati and Sugar Grove, IL, further to the acquisition of Flight Visions. The company's capabilities are broadened by its subsidiaries NovAtel Inc. in Calgary, Alberta, and Northstar Technologies in Acton, MA.
Flight Visions is a manufacturer and integrator of aircraft cockpit systems, including multi-functional Head-Up and Head-Down Displays, control display units, modular mission display processors and mission software. These products are currently flying on over 20 different military and civil aircraft throughout the world.
Contacts
Janka Dvornik
Public Relations Manager
CMC Electronics Inc. (Farnborough - Hall 4, C21)
Telephone : (514) 748-3113
Fax : (514) 748-3184
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Cathy Babos
Marketing Manager
Flight Visions Inc. (Farnborough - Hall 2, A18)
Telephone : (630) 466-2112
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