Precision Castparts (PCP +0.6%) agrees to acquire the aerostructure and industrial products ops...

|About: Precision Castparts Corp. (PCP)|By:, SA News Editor

Precision Castparts (PCP +0.6%) agrees to acquire the aerostructure and industrial products ops of Canada's Heroux-Devtek for C$300M ($295.32M). Precision, which provides metal parts for aircraft engines and power plant turbines, says the transaction will boost its relationships with the likes of Lockheed Martin and Bombardier. (PR)