J.F. Lehman Sells Atlantic Intertial Systems for $345 Million
J.F. Lehman & Co. has sold Atlantic Intertial Systems to Goodrich Corp. for approximately $375 million in cash. AIS is a Cheshire, Conn.-based provider of guidance, stabilization and navigation products and systems for the global defense market. It was acquired by J.F. Lehman from BAE Systems in August 2007, in a deal that included $145 million of equity.
22 December 2009•2 mins read
