Cobham Advanced Electronic Solutions Announces Sale of Cobham RAD
Tuesday, June 2, 2020
ARLINGTON, Va.--(Business Wire)--Cobham Advanced Electronic Solutions (CAES), a leading provider of mission critical electronic solutions, today announced the sale of its Cobham RAD Inc. (Cobham RAD) radiation testing business in Colorado Springs, CO to Radiation Test Solutions, Inc. (RTS), a specialist in the design, analysis, and testing of semiconductor devices and materials for satellite, aircraft, and ground applications.
“During our strategic planning process, we determined that we were not the optimal owners of Cobham RAD,” said Shawn Black, Chief Executive Officer (CEO) Cobham Advanced Electronic Solutions. “This sale aligns with our strategic intent to focus on our core competencies in design and manufacture of RF, microwave, and millimeter wave solutions; digital processing, and power solutions for space, electronic warfare, radar, and missile applications. We have had a good working relationship with RTS and have been impressed by their technical capabilities and strong support of our customers. We feel confident that RTS will continue to provide that same level of support as they move forward with the business,” he continued. READ MORE...