LORD Corporation Closes Acquisition of SKF’s Fly-by-Wire Systems France Subsidiary

LORD Corporation has completed the acquisition of Fly-by-Wire Systems France (FbW).  Based in Saint-Vallier, France, FbW designs and manufactures cockpit controls, sensors, dampers and electromechanical actuators primarily for fly-by-wire systems on commercial fixed-wing aircraft.  LORD announced its intentions to acquire FbW in March pending necessary governmental approvals and closing actions by both parties.  FbW enjoys a history of innovation in its field beginning with its collaboration with Airbus for the first introduction of fly-by-wire technology on the A320 commercial jetliner. Its innovative product line is highly complementary to LORD capabilities in mechanical, electromechanical and dynamic systems.The acquisition by LORD positions