Further to the announcement made by FTG
on March 29, 2019, FTG
has attained the approval from the Committee on Foreign Investment in the United States (CFIUS) and all closing conditions have been met and the acquisition has now closed.
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will be providing the EM2 cockpit products directly to a major OEM who is a subcontractor to NASA - Lockheed for the Orion project.
continues to work closely with Rockwell Collins in support of new technology qualifications ensuring long term support of Rockwell Collins PWB requirements.
Aerospace Toronto, a business division of Firan Technology Group Corporation today announced it received a multi-million dollar contract award from CAE USA located in Tampa, FL for the development and delivery of simulated C-130 cockpit control devices.
Joe will remain with FTG
in an advisory role to ensure an orderly leadership transition to the new CFO over the next number of months.
It fits perfectly with our plans to retain the engineering team in Fort Worth but move production to our existing Aerospace facility in Chatsworth California, driving up their capacity utilization rate, stated Brad Bourne, President and CEO, FTG
Teledyne Technologies Incorporated announced today the successful completion of the sale of assets of Teledynes printed circuit technology business (Teledyne PCT) to FTG
Circuits Inc., a California corporation and subsidiary of Firan Technology Group Corporation (FTG
), for US$9.3 million in cash.
We are very excited about the acquisition, which will add significant scale to FTGs
Circuits - Chatsworth California facility (incorporated as FTG
Circuits Inc.) has been qualified to the Department of Defense performance specification MIL-PRF-31032/3 (flexible printed wiring boards) and MIL-PRF-31032/4 (flex-rigid printed wiring boards).
We are extremely pleased about our new banking facilities with HSBC and their ability to support FTGs
operations in Canada, the US and China.
has become a $255 million operation, with over 1,000 employees, compared to a mere 200 employees in 2015.