Ontic has completed the acquisition of SIRS Navigation, a specialist firm based in Kent focused on precision standby magnetic compasses for the aviation sector. SIRS Navigation boasts over six decades of experience in designing, manufacturing, and supporting these critical instruments. The company’s products are currently utilized across a wide range of aircraft platforms including fixed-wing airplanes and rotorcraft. This strategic move strengthens Ontic's position within the global aviation market by adding SIRS Navigation’s expertise to its portfolio. The transaction marks an important development for both companies involved.
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This PlaneNews briefing summarizes reporting originally published by avitrader.com.
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