Curtiss-Wright completed the acquisition of Pacific Star Communications for $400m.

Curtiss-Wright, an American, global diversified product manufacturer and service provider for the commercial, industrial, defense, and energy markets, completed the acquisition of Pacific Star Communications, a provider of tactical communications solutions for battlefield network management, from venture capital funds Endeavour Capital, Steelpoint Capital Partners, Fluke Venture Partners and Chart Venture Partners for $400m. The acquisition supports Curtiss-Wright's financial objectives for long-term profitable growth and strong free cash flow generation. PacStar is expected to generate sales in excess of $120m in 2020 and is expected to yield significant opportunities for revenue growth.