Atlantic Research Corporation Adds Monopropellant Product Line Through Acquisition From Kaiser Marquardt.Business Editors GAINESVILLE, Va.--(BUSINESS WIRE)--May 12, 2000 Atlantic Research Corporation (ARC) has acquired the hydrazine hydrazine (hī`drəzēn'), chemical compound, formula NH2NH2, m.p. 1.4°C;, b.p. 113.5°C;, specific gravity 1.011 at 15°C;. It is very soluble in water and soluble in alcohol. monopropellant rocket engine business of Kaiser Marquardt, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Kaiser Aerospace & Electronics. The terms of the transaction are not being disclosed. Kaiser Marquardt's monopropellant mon·o·pro·pel·lant n. A rocket propellant consisting of a single substance or mixture that contains both fuel and oxidizer. product line offers ARC a range of flight-qualified hydrazine monopropellant rocket engines and propulsion modules for use on satellites, missiles and spacecraft. The hydrazine monopropellant thruster product line rounds out ARC's existing flight-proven bipropellant bi·pro·pel·lant n. A two-component rocket propellant, such as liquid hydrogen and liquid oxygen, fed separately to the combustion chamber as fuel and oxidizer. Also called dipropellant. , electric and peroxide thruster and propellant pro·pel·lant also pro·pel·lent n. 1. Something, such as an explosive charge or a rocket fuel, that propels or provides thrust. 2. tank product lines and provides customers a complete space propulsion capability. The acquisition expands ARC's customer base and strengthens its ability to offer new products and complete propulsion systems from facilities in Niagara Falls, New York Niagara Falls is a city in Niagara County, New York, United States. As of the 2000 census, the city had a total population of 55,593. It is across the Niagara River from Niagara Falls, Ontario, both named after the famed Niagara Falls which they share. and Westcott, England. ARC, a unit of Sequa Corporation, is a leading developer and producer of solid propellant rocket motors, gas generators, advanced composite materials and liquid propulsion systems. ARC also produces automotive air bag inflators and supplies energetic components for the air bags from its high capacity propulsion plant in Camden, Arkansas. Visit the ARC web site at www.atlanticresearchcorp.com . Sequa Corporation is a diversified industrial company whose other principal interests include the manufacture and repair of jet engine components, the coating of coiled steel and aluminum, and the production of specialty chemicals, can machinery, auxiliary press equipment, automotive products, and men's formal wear. Visit Sequa's web site at www.sequa.com . |
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