Aerospace acquisition.Admiralty Admiralty, in British government, department in charge of the operations of the Royal Navy until 1964. Originally established under Henry VIII, it was reorganized under Charles II. Partnets Inc., a Los Angeles-based private investment firm specializing in the acquisition of companies in aerospace, defense, and federal information technologies, purchased the Aerospace and Defense business units of Vertical Circuits Inc. The sector will now function as Trident Space & Defense, and will be headquartered in Torrance Torrance, industrial and residential city (1990 pop. 133,107), Los Angeles co., SW Calif.; inc. 1921. It has large aircraft and electronics industries. Among its many manufactures are aircraft, electronics, communications equipment, aluminum products, steel, and . Trident will be composed of three operating units operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon : the advanced products business unit, the electronic components business unit and the ground systems business unit. |
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