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EDO Buys Emblem
EDO Corporation has bought Emblem Group Ltd of Brighton, UK for
$25.6 million. Emblem was formed in 2000 through a management
buy-out from Morgan Crucible Plc. It specializes in aircraft weapons
carriage and interfacing systems. "This acquisition further
strengthens a mission-critical, core-product line that spans major
military aircraft platforms around the world," commented
James M Smith, EDO's CEO.
By Evan Sweetman
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