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Ruag Completes MRO Sale to General Atomics Europe


 - March 3, 2021, 10:19 AM
General Atomics Europe this week completed its acquisition of Ruag Aerospace Services, Ruag International’s business jet and military helicopter MRO business in Oberpfaffenhofen, Germany. The deal, announced in October, includes the production of the Dornier 228 utility twin turboprop and 420 employees but not the Ruag Aerostructures operation at Oberpfaffenhofen that employs 800 workers.
With this acquisition, General Atomics Europe is sustainably strengthening its market positioning in the aviation business,” said General Atomics Europe managing director Harald Robl. “We have developed a strategic concept for the future that will open up new growth and value creation prospects for the Oberpfaffenhofen site, far beyond the existing business areas, despite the current economic crisis.” ....

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