URS Corporation (URS) Announces Acquisition of CATI Training Systems
Get Alerts URS Hot Sheet
Join SI Premium – FREE
URS Corporation (NYSE: URS) announced today that it has acquired the assets of CATI Training Systems, a leading designer and developer of virtual visual environments for flight simulators and a variety of other training systems for the Department of Defense and commercial customers. The terms of the transaction were not disclosed.
CATI, which is owned by a private group of investors, has a staff of approximately 12 highly specialized engineers and software developers. Headquartered in Daleville, Alabama, CATI specializes in delivering advanced visual image generation systems and high fidelity visual simulation terrain databases for the simulators used to train civil, commercial and military pilots. The Company’s expertise also includes the development of technologies that support aviation training and simulation systems for unmanned aircraft systems.
CATI, which is owned by a private group of investors, has a staff of approximately 12 highly specialized engineers and software developers. Headquartered in Daleville, Alabama, CATI specializes in delivering advanced visual image generation systems and high fidelity visual simulation terrain databases for the simulators used to train civil, commercial and military pilots. The Company’s expertise also includes the development of technologies that support aviation training and simulation systems for unmanned aircraft systems.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bernstein on whether Hershey (HSY) could eventually step up to buy Mondelez (MDLZ)
- Trustar Bank to acquire Forbright Bank branches for $750M in deposits
- TMCR raises $165M to acquire additional Mesabi iron ore royalty
Create E-mail Alert Related Categories
Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share