Gulfstream Completes WECO Aerospace Systems Acquisition
Gulfstream Aerospace said last week it had completed the previously announced acquisition of WECO Aerospace Systems Inc., a privately held aviation-component overhaul company. Financial details of the transaction were not disclosed. The company, which specializes in electrical, electronic accessories and flight instrument services, will retain the WECO Aerospace Systems name as part of Gulfstream’s Product Support business operations “This acquisition furthers our commitment to providing outstanding product support for our fleet operators. Gulfstream has been one of WECO’s biggest customers,” said Bryan Moss, president, Gulfstream, when the acquisition was first announced in January.