Rolls-Royce Acquires National Airmotive
Rolls-Royce has agreed to buy National Airmotive Corp. (NAC) -- an Oakland, Calif., turbine-engine repair and overhaul business -- from First Aviation Services for $73 million. NAC specializes in Allison T56, 250 and Pratt&Whitney PT6 turboprop engines, and in 1998 reported sales of $94 million...
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