Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Aerospace Defence

TT Electronics to acquire Torotel

TT Electronics has agreed to acquire Torotel, a US-based designer and manufacturer of high-reliability power and electromagnetic assemblies and components for the aerospace and defence markets.

Image coiurtesy TT Electronics

The acquisition is one of several, recent demonstrations of TT’s commitment to continued investment in power management devices for the aerospace and defence market.

TT has agreed to acquire Torotel for $43.4 million. The acquisition is subject to approval by Torotel’s shareholders and US regulatory conditions and is expected to close in Q4 2020, at which point the business will be fully integrated into TT as a wholly-owned subsidiary.

Advertisement
DSEI 2025

The acquisition will broaden TT’s power electronics capabilities and expanding US footprint following on from the recently acquired Covina, California-based business unit from Excelitas Technologies. Torotel will extend TT’s list of blue-chip US aerospace and defense customers, providing access to growth programs with sole-sourced positions on major platforms. TT is committed to investing in the business to further improve the business’ growth prospects and engineering capability.

Richard Tyson, CEO, TT Electronics said: “We are really excited about the acquisition of Torotel, a business we have been tracking for some time. It is an excellent fit and complementary to TT’s existing US power electronics business, strengthening our position in critical defense applications. We look forward to welcoming the Torotel team into the TT group.”

Michael Leahan, EVP, TT Electronics Power Solutions said: “Torotel is a clear fit with TT’s strategy to build leading positions in the aerospace and defense markets where the proliferation of electronics is driving demand for our custom power management and conversion systems. We are excited to welcome Torotel employees and customers to TT, and remain committed to providing our customers with the best service, products and value available.”

Advertisement
Gulfstream RT

 

 

Lars Wagner to become CEO of Airbus Commercial Aircraft

Aerospace

Lars Wagner to become CEO of Airbus Commercial Aircraft

10 July 2025

Lars Wagner, currently Chief Executive Officer (CEO) of MTU Aero Engines AG, based in Munich, will join the Airbus Executive Committee and succeed Christian Scherer as CEO of the Commercial Aircraft business, effective 1st January 2026.

Avelia to transform into multiple SAF supplier solution

Aerospace

Avelia to transform into multiple SAF supplier solution

10 July 2025

One of the largest suppliers of sustainable aviation fuel (SAF), Shell Aviation, along with Accenture and American Express Global Business Travel (Amex GBT), has announced today that Avelia is in the process of evolving into an industry solution with independent data hosting and a multisupplier model helping users access the greenhouse gas (GHG) ...

AI firms collaborate with Heathrow to enhance operations

Aerospace

AI firms collaborate with Heathrow to enhance operations

9 July 2025

Heathrow is harnessing advanced technology to make aircraft ground operations faster, smarter and more seamless across 116 gates at Terminals Two, Three and Five, as part of a strategic collaboration with IAG and Assaia.

Viasat test boosts business jet in-flight connectivity

Aerospace

Viasat test boosts business jet in-flight connectivity

8 July 2025

Viasat today announced a milestone for its JetXP business aviation in-flight broadband service, following recent test flights that successfully connected the Global Aero Terminal (GAT) 5510 to a ViaSat-3 satellite for the first time.

Advertisement
Teledyne
ST Engineering Antycip’s Merlin MP521 advances student innovation

Aerospace

ST Engineering Antycip’s Merlin MP521 advances student innovation

8 July 2025

Khalifa University of Science and Technology today announced major student and faculty achievements resulting from the use of ST Engineering Antycip’s Merlin MP521 Flight Simulator, which provides hands-on experience in aircraft design and performance evaluation, directly contributing to a growing body of student-led research and academic ...

Birmingham Airport sees busiest ever June

Aerospace

Birmingham Airport sees busiest ever June

8 July 2025

Birmingham Airport (BHX) has had its busiest June ever, with a record 1,360,957 passengers travelling through the airport last month.

Advertisement
DSEI 2025