Ontic buys SIRS Navigation, maker of compasses in tens of thousands of aircraft

What's the deal? OnticDealroom has a profile for this one. Try Dealroom → has completed the acquisition of SIRSDealroom has a profile for this one. Try Dealroom → Navigation, a Kent-based specialist in precision standby magnetic compasses. Terms were not disclosed.

What does SIRS do? With a heritage exceeding six decades, SIRS supplies compasses installed in tens of thousands of aircraft worldwide, across both fixed-wing aircraft and rotorcraft. It sells directly to original equipment manufacturers for new production, and to operators and distributors through the aftermarket.

What's the endgame? The deal fits Ontic's strategy of buying specialist aerospace firms with established intellectual property and enduring positions across aircraft platforms. SIRS runs a 24/7 global support network and refines its compass designs — originally acquired from GE AerospaceDealroom has a profile for this one. Try Dealroom → — in-house.

What they said: New Ontic chief executive JC Gallagher pointed to SIRS's "market-leading position," saying the deal aims to ensure continuity for customers while giving the business a stable environment to grow.

The signal: The acquisition adds a long-established, niche product line to Ontic's portfolio as it deepens its presence in the global aerospace market — a bet on legacy hardware that remains embedded across commercial and business aviation fleets.

Read more: eplaneai.com

Image credit: cjmartin