Esterline Completes Acquisition of CMC Electronics 3/14/2007 By Michelle DeGrand on
BELLEVUE, Wash., March 14, 2007 — Esterline Corporation (NYSE:ESL www.esterline.com) today announced that it completed the acquisition of Canada-based CMC Electronics Inc., a leading aerospace/defense avionics company, for approximately $335 million in cash.
Esterline Reports 1Q Earnings of $12.8 Million or $.49 per Share, on $257.2 Million Sales 3/5/2007 By Michelle DeGrand on
BELLEVUE, Wash., March 5, 2007 — Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2007 first quarter (ended January 26) net earnings of $12.8 million, or $.49 per diluted share. This includes a $2.1 million tax benefit resulting from the retroactive extension of U.S. Research and Experimentation tax credits signed into law on December 21, 2006. Year-ago net earnings were $8.4 million, or $.32 per diluted share. First quarter 2007 sales were $257.2 million compared with $205.7 million a year ago.