Esterline Acquires Palomar Products, Secure Communications Specialists
By Michelle DeGrand on
BELLEVUE, Wash., June 6, 2005--Esterline Corporation ( NYSE/ESL www.esterline.com ), a leading specialty manufacturer serving aerospace/ defense markets, announced that on June 3rd, 2005 it acquired Palomar Products, Inc., a California-based manufacturer of secure military communication products. Palomar has been a leading provider of secure voice and data communication products to U.S. military customers for more than 30 years. Applications include airborne, shipboard and land-vehicle solutions. Palomar’s annual revenues are approximately $25 million.