CHICAGO – Global law firm Reed Smith today announced that it represented Curtiss-Wright Corporation (NYSE: CW) in its agreement to acquire the stock of Pacific Star Communications (PacStar®) for $400 million in cash. Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets.
The Reed Smith deal team was led by Matthew J. Petersen, partner and Nicholas Gibson, associate, in the firm’s Chicago office and Ben Clark, associate, in Pittsburgh.
PacStar, a private company, is a leading provider of tactical communications systems and network communications software for battlefield network management. The acquired business will operate within Curtiss-Wright’s Defense segment and is expected to generate sales in excess of $120 million in 2020.
To view Curtiss-Wright’s press release on the transaction, visit businesswire.com.