Goodrich acquires Cloud Cap Technology

1st May 2009 - 01:00 GMT | by The Shephard News Team

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The Goodrich Corporation has completed the acquisition of Cloud Cap Technology, Inc. CCT will become part of Goodrich's ISR Systems business unit. Cloud Cap will to continue to provide the same focus on customers with our product development and technical support - enhanced by the additional support of Goodrich and its wide range of technical expertise.

"This acquisition provides Goodrich with an increased presence in the rapidly growing small military UAV market, and also expands our ability to offer complete ISR imaging solutions for these platforms," said Curtis Reusser, Segment President, Electronic Systems at Goodrich. "CCT's experience in providing powerful integrated solutions can dramatically reduce the time required to implement new unmanned aircraft systems, and we are pleased to have their advanced proprietary products join our broad portfolio of high-tech systems."

Ross Hoag, President of CCT, said "We have had a very successful run in building Cloud Cap Technology to its current size and capabilities with customer-focused technologies that are second to none. In joining Goodrich, we can gain the support needed to grow the business while maintaining our entrepreneurial drive for increasingly innovative technical solutions."