Gooch & Housego to acquire Global Photonics for $17.5m.

Gooch & Housego, the specialist manufacturer of optical components & systems, agreed to acquire Global Photonics, a provider of optical systems for military land applications, for $17.5m. This acquisition significantly extends G&H's presence in the U.S. Aerospace & Defence market and marks an important step towards replicating the success of the Group's optical systems hub in the UK by establishing a full optical systems engineering and manufacturing capability in the United States.