Admiralty Buys Aerospace Firm

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Admiralty Partners Inc. has acquired the aerospace and defense business units of Torrance-based Vertical Circuits Inc., the Los Angeles defense and aerospace investment firm said Monday.


The new company will be renamed Trident Space & Defense LLC and will remain in Torrance, Admiralty said. Financial terms of the deal were not disclosed.


VCI will develop and manufacture high reliability electronic components as well as provide design support services to the commercial space industry, according to the release.


VCI was formed by the merger of TRW Components International, a unit of TRW, Inc., now a subsidiary of Northrop Grumman Corp. and Cubic Memory Inc., in October 1999.

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