Phillips Service Industries Acquires Skytronics, Inc

Source: ControlDesign.com

Feb 21, 2011

Phillips Service Industries, Inc. (PSI), a global manufacturing and service corporation that serves a wide variety of industries with its diverse collection of technology-based companies, announced that it has acquired Skytronics, Inc., a leading aircraft component manufacturer and maintenance repair organization located in El Segundo, CA.

Skytronics specializes in the manufacturing, repair, overhaul and sales of aircraft ball screw and actuator assemblies and the transmissions that drive them. Skytronics is an OEM that also holds license parts manufacturing authority on stabilizer ball screws installed on Boeing 727/737/747/757/767 aircraft, as well as a distributor of both new and overhauled aircraft components.

The Skytronics acquisition further expands PSI's reach into the aerospace market. Other PSI subsidiaries that serve the aerospace industry include Beaver Aerospace & Defense, Sciaky, Inc., Mountain Secure Systems, Evana Automation Specialists and PSI Repair Services.

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