BELLEVUE , Wash., June 27, 2006—Esterline Technologies Corporation (NYSE/ESL www.esterline.com) said today that an explosion occurred yesterday at its recently acquired Wallop Defence Systems subsidiary located in Middle Wallop, Hampshire, UK, resulting in one fatality and several minor injuries. The incident destroyed an oven complex used in the production of military countermeasure flares. The complex was not connected to the main production facility.
An investigation is underway by Britain’s Health and Safety Executive (HSE). The plant will be shut down until HSE concludes its inquiry; currently there is no timeline for this process. A determination of cause will be made upon the completion of the investigation.
Wallop is a leading manufacturer of military pyrotechnic products in Europe. Esterline acquired the company in March of this year.
Esterline (ESL:NYSE) is a specialized manufacturing company serving principally aerospace/defense and medical markets. Esterline operates in three business segments related to its set of core competencies: Advanced Materials, Avionics & Controls, and Sensors & Systems.
Operations within the Advanced Materials segment focus on technologies including high-temperature resistant materials used for a wide range of military and commercial aerospace purposes and combustible ordnance and electronic warfare countermeasure products. The Avionics & Controls segment focuses on technology interface systems for commercial and military aircraft and similar devices for land- and sea-based military vehicles, secure communications systems, specialized medical equipment, and other high-end industrial applications. The Sensors & Systems segment includes operations that produce high-precision temperature and pressure sensors, electrical power distribution equipment, and other related systems principally for aerospace and defense customers.
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