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2006 Press Releases
Westar Aerospace & Defense Group Acquires SimAuthor
March 27, 2006 Westar Aerospace & Defense Group, Inc. has acquired Colorado-based SimAuthor, Inc. in an all-cash transaction for approximately $8 million. SimAuthor is a software and services company that specializes in flight data visualization and simulation technology.With offices in Washington, D.C., and Boulder, Colo., SimAuthor provides flight operation quality assurance analysis to the US Navy, US Army, and many other industry leaders in the flight simulation business.
According to Charlie Douglas, CEO of SimAuthor, “This transaction moves us closer to our goal of building a leading aviation systems analysis company and holds great value for our employees and our customers. We’re excited about the synergies and growth potential of the combined companies going forward.” Douglas will serve as president of the SimAuthor Division of Westar.
SimAuthor has developed a reputation for building software systems that improve the maintenance, operations, training, and safety of aviation platforms for large fleet owners. The company’s FlightAnalyst and FlightViz® products are in use world-wide by hundreds of leading organizations.
“SimAuthor’s experience and expertise will strengthen Westar’s ability to develop innovative technologies that reduce operating and support cost, as well as improve logistical efficiencies,” said Robert Topping, president & CEO of Westar. “We are extremely pleased to have them join the Westar family.”
Headquartered in St. Louis, Mo.,
Westar Aerospace and Defense Group, Inc. is a systems engineering
contractor with more than $200 million in annual sales and 1100
professionals around the world dedicated to providing high-value
engineering, programmatic, and logistics solutions to the Department
of Defense and allied governments. Westar is the parent company of
Aerospace Filtration Systems Inc., and Westar Display Technologies,
Inc., businesses that reduce operating costs, and improve efficiency
and quality in their respective markets. Westar is a wholly owned
subsidiary of UK-based QinetiQ (London: QQ.), an international
defense and security technology company with about 2,500 employees
in the U.S.
For more information on SimAuthor, visit:
www.simauthor.com
For more information on Westar, visit:
www.westar.com
Media Contact:
Mike Ruggeri
Vice President, Communications
Westar Aerospace & Defense Group, Inc.
636-300-5151
Ruggeri@westar.com