M&A Deal Summary

Calspan Systems Acquires Triumph Aerospace Systems - Newport News

On October 4, 2016, Calspan Systems acquired aerospace company Triumph Aerospace Systems - Newport News from Triumph Group

Acquisition Highlights
  • This is Calspan Systems’ 1st transaction in the Aerospace sector.
  • This is Calspan Systems’ 3rd transaction in the United States.
  • This is Calspan Systems’ 1st transaction in Virginia.

M&A Deal Summary
Date 2016-10-04
Target Triumph Aerospace Systems - Newport News
Sector Aerospace
Buyer(s) Calspan Systems
Sellers(s) Triumph Group
Deal Type Divestiture

Target

Triumph Aerospace Systems - Newport News

Newport News, Virginia, United States
Newport News Shipbuilding is the sole designer, builder and refueler of U.S. Navy aircraft carriers and one of two providers of U.S. Navy submarines.

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Buyer(S) 1

Buyer

Calspan Systems

Buffalo, New York, United States
Category Company
Founded 1946
Sector Aerospace
DESCRIPTION

Calspan Systems Corp. is an engineer, designer, analysis and manufacturing firm, specializing in the engineering and manufacture of complex hardware and prototype systems for aerospace industry.

DEAL STATS #
Overall 3 of 4
Sector (Aerospace) 1 of 2
Type (Divestiture) 2 of 2
State (Virginia) 1 of 1
Country (United States) 3 of 4
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Triumph - Force Measurement Systems

San Diego, California, United States

Triumph - Force Measurement Systems is a provider of IT systems for aerospace industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-28 Calspan Aero Systems Engineering

St. Paul, Minnesota, United States

Calspan Aero Systems Engineering is a provider of mission-critical testing and engineering services to manufacturers of jet engines and industrial gas turbines, maintenance, repair, and overhaul (“MRO”) providers, governments, and militaries. Calspan ASE serves the aerospace and energy markets by offering independent testing services at its aerodynamic laboratory; design and build of aerodynamic wind tunnel facilities and equipment across all speed regimes including hypersonic; and design and build of engine test facilities and equipment. Calspan ASE was formed in 1967 and is based in St. Paul, Minnesota.

Buy -

Seller(S) 1

SELLER

Triumph Group

Berwyn, Pennsylvania, United States
Category Company
Founded 1993
Sector Aerospace
Employees4,530
Revenue 1.2B USD (2024)
DESCRIPTION

Triumph Group is an entity which designs, engineers, manufactures, overhauls, and repairs aircraft components, including mechanical controls, avionics, instrumentation, engine accessories, and auxiliary power units. Triumph Group was founded in 1993 and is besed in Berwyn, Pennsylvania.

DEAL STATS #
Overall 2 of 11
Sector (Aerospace) 1 of 10
Type (Divestiture) 2 of 11
State (Virginia) 1 of 1
Country (United States) 2 of 11
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Triumph - Force Measurement Systems

San Diego, California, United States

Triumph - Force Measurement Systems is a provider of IT systems for aerospace industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-09 TurbineAero

Chandler, Arizona, United States

TurbineAero is a manufacturer of industrial parts and components. The company specializes in the design and production of aerospace and hot-section components. It also offers maintenance, repair and overhaul services to military, commercial, original equipment manufacturers and aircraft operators. TurbineAero was founded in 1977 and is based in Chandler, Arizona.

Sell -
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