What is Esterline s strategy regarding acquisition and divestitiure?
Esterline maintains a targeted acquisition approach that involves growing Esterline s core aerospace and defense business or acquiring businesses that provide opportunity to migrate our core technologies into high-end industrial markets. Since 1996, Esterline has acquired 30 companies or product lines with annual revenues exceeding $500 million, while divesting 16 operations with annual revenues of more than $200 million that did not fit our strategy.
