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When Amazon unveils new safety gear, there are already other companies ready to fill the gap

SANTA FE, N.M. — Amazon.com Inc. and its new safety equipment maker, Safety Equipment Technology Inc., are the latest companies to enter the field, and they’re not just any new ones.Amazon announced Friday that it had signed a deal to acquire Safety Equipment Technologies, a technology company based in Scottsdale, Arizona, that specializes in producing […]

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Why it’s worth $2.4 billion: $2 billion surplus safety gear company

The surplus safety systems that are being used by some U.S. air traffic controllers are worth a record $2,400 per aircraft per day, according to the aviation industry’s trade group.The trade group Aviation Alliance reported Wednesday that the industry is currently oversupplied with the equipment.The surplus equipment companies are among the industry’s biggest spenders, accounting […]

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