Announced
Completed
Financials
Sources
Tags
Completed
United States
Acquisition
Friendly
ammunition handling systems
Defense
Private
military equipment
Majority
Single Bidder
Synopsis
Ducommun, which delivers value-added innovative manufacturing solutions to customers in the aerospace, defense and industrial markets, closed its $77m acquisition of Nobles Worldwide, the global leader in the design and manufacture of high performance ammunition handling systems for military aircraft, helicopters, ground vehicles and shipboard systems. “I am delighted to welcome Nobles Worldwide to Ducommun as we continue to add high value engineered products to our portfolio. As communicated previously, Nobles Worldwide continues to advance the Company’s strategy of offering more customized, value-driven engineered products with aftermarket support. In addition, the acquisition expands our current footprint into another segment of the defense market, ammunition delivery and handling systems.” Stephen G. Oswald, chairman, president and chief executive officer of Ducommun.
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