November 2009

Chemring Group - Acquisition of Hi-Shear Technology Corporation

Chemring has completed its $132m purchase of Hi-Shear Technology.  Hi-Shear, based in Los Angeles, is a manufacturer of specialised devices for key US space and defence programmes. Its products include low-shock pyrotechnic satellite separation systems, space-qualified initiators, electronic missile safe/arm devices and acoustic initiators for underwater explosive ordnance applications.   

Contacts: Rupert Pittman, Catherine Maitland and Sophie Leigh-Pemberton