Innovative Aerosystems Announces Acquisition Of Aydin Displays, Strengthening Display Capabilities For Military Applications - ISSC News | RalliesInnovative Aerosystems Announces Acquisition Of Aydin Displays, Strengthening Display Capabilities For Military Applications
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ISSC• Innovative Aerosystems to buy Aydin Displays for $24.50 million
- Innovative Aerosystems announces the acquisition of Aydin Displays, strengthening display capabilities for military applications.
- Innovative Aerosystems will buy Aydin Displays for $24.50 million in cash.
- The acquisition is funded by cash on hand and existing credit facility borrowings.
- Aydin is expected to generate $16 million in revenue in calendar 2026.
- The Aydin Displays name will be retained, and operations will continue at the existing facility.
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