Global Aerospace Business, Ontic, Expands Footprint with Latest UK Acquisition and Licensing Agreement
Ontic has completed the sale and licensing of certain legacy product lines from Triumph Groups Staverton facility in the UK.
- Ontic has completed the sale and licensing of certain legacy product lines from Triumph Groups Staverton facility in the UK.
- The transaction includes the existing facility and select product lines associated with the site.
- This acquisition expands Ontics capacity in the UK following the successful growth of its existing facility in Cheltenham.
- Ontics portfolio of products, licensed or acquired from major OEMs such as Honeywell, Collins Aerospace, Safran, Thales and GE Aviation, span all major aircraft systems in both civil and military markets.