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Article: Military's Weapons Overhaul Boost for Meggitt
- Article from:
- Orange County Business Journal
- Article date:
- December 18, 2006
- Author:
CopyrightCopyright CBJ, L. P. Dec 18-Dec 31, 2006. Provided by ProQuest LLC. (Hide copyright information)
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A unit of Britain's Meggitt PLC is getting a boost from the military's push to overhaul and repair older weapons.
Irvine-based Meggitt Western Design Inc. is nabbing work for programs such as Boeing Co.'s Future Combat Systems and the Army's helicopter maintenance program.
Meggitt Western Design has doubled annual sales to about $70 million in the past three years, said Charles Panasewicz, vice president of marketing tor Meggitt Defense Systems.
Meggilt Defense Systems is made up of three businesses in Orange County, including Meggitt Western Design, and four others outside California.
"We've achieved a real good critical mass for growth and profitability," he said.
The company scored a $44 ...