Zodiac Aerospace to Acquire IPS
Zodiac Aerospace has signed and completed the acquisition of IPS – Innovative Power Solutions, based in Eatontown, NJ. IPS manufactures electrical power generators as well as converters, and enjoys the trust of major customers in the field of regional jets, business jets and helicopters. IPS employs approximately 60 people.
This acquisition will reinforce Zodiac Aerospace’s leading position in the field of electricity on board aircraft and will further enhance its ability to provide complete integrated solutions to airframers.
Source: Zodiac Aerospace