Tag Archives: Arotech

KippsDeSanto: Aerospace, Defense M&A Deals Eye Power Distribution Sector

KippsDeSanto believes UEC Electronics’ acquisition of defense and security products provider Arotech shows that aerospace and defense companies are looking to power distribution and management technologies for mergers-and-acquisition deals. The deal also demonstrates an attraction towards budgeted and long-term programs that support industry and military initiatives, the investment bank said Thursday. …

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Arotech Purchases UEC Electronics for $33M; Robert Ehrlich Comments

Arotech (NASDAQ: ARTX) has bought military and aerospace electrical systems manufacturer UEC Electronics through a $33 million cash and stock deal. The transaction price includes $25 million in cash, $4.82 million in stock and $5.5 million in performance-based earnouts, Arotech said Tuesday. UEC will operate within the battery and power systems …

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