British aerospace manufacturing company Cobham has sold S-Tec and Chelton Flight Systems to some of the same people it bought them from, saying the businesses no longer fit its strategy.
The new owner of S-Tec and Chelton Flight Systems is a name you probably have never heard. Genesys Aerosystems, newly formed by original Chelton co-founders Gordon Pratt and Rick Price along with former Cobham Avionics executive Roger Smith and director of finance Tammy Crawford, now employs about 140 former Cobham workers, most of them in Mineral Wells, Texas, where S-Tec is based.
