Aerosonic Purchases Op Technologies
Clearwater, Fla.-based Aerosonic Corporation, a supplier of precision flight products for commercial, business and military aircraft, on Wednesday announced that it acquired avionics maker Op Technologies. Oregon-based Op Technologies currently makes cockpit avionics for experimental aircraft, including the Pegasus Integrated Avionics System. In June, Op said it is developing an avionics system for certified aircraft. "The addition of Op Technologies' expertise and products to our company will allow us to compete on a larger scale across a wider number of aircraft models, and this transaction creates a path for meaningful revenue growth and reduces our cost and time to market for a family of products that addresses a significant component of our strategic plan," said Aerosonic Chairman, President and CEO David Baldini. "We believe that this transaction will establish a new platform for future growth and will allow us to better serve our present and future customers."