Robertson Fuel Systems: Heico agrees to buy Robertson Fuel Systems

Hollywood-based Heico Corp. says it plans to buy an Arizona manufacturer for $255 million. The all-cash deal to buy Tempe-based Robertson Fuel Systems is expected to close within 60 days, pending regulatory review, the company said Monday. Robertson makes auxiliary fuel systems for military aircraft, including the AH-64 Apache, CH-47 Chinook and UH-60 Black Hawk. It employs about 125 people at its facilities in Tempe and Bluffdale, Utah. Heico said Robertson would continue to operate in its current...