CHICAGO – Global law firm Reed Smith has advised Davidson, N.C.-based Curtiss-Wright Corporation (NYSE: CW) in its agreement to acquire the assets in the United States and France of Safran Aerosystems Arresting Company (SAA) for $240 million in cash. The acquisition is expected to close in the third quarter of 2022, subject to regulatory approval and other closing conditions.
airplane on the runway ready for take off

SAA is a leading global designer and manufacturer of aircraft emergency arresting systems, with more than 5,000 systems worldwide. Based in Aston, Pa., SAA also maintains operations in Merpins, France. Upon closing of the transaction, the acquired business will operate within Curtiss-Wright’s Naval & Power segment.

The Reed Smith team was led by partners Matthew Petersen and Nick Gibson (Chicago), Marc Fredj (Paris), Peter Teare (London), and associate Ben Clark (San Francisco). The team also included partners Arnie Grant (Chicago), Michelle Mantine, Jennifer Smokelin, and Chris Bouriat (Pittsburgh), Isabelle Rahman (Brussels), Daniel McClain and Peter Emmi (New York), Mike Lowell (Tysons, Va.), Dana Janquitto (Philadelphia), and Séverine Martel (Paris); counsel Catherine Castaldo (New York); associates Rishi Jain (Chicago), Courtney Averbach and Kazi Ahmed (Pittsburgh), Charles Sauvage (Brussels), and Guillemine Berne (Paris); and paralegal Debbie Turner (Chicago).

More information is available in the Curtiss-Wright news release at