Military maintenance, repair and operations specialist Aero Precision has bought rival Kellstrom Defense in a deal it said will create “the largest privately owned military aftermarket distribution businesses in the industry”.
The deal, for an undisclosed amount, will give the new company access to more legacy aircraft such as the Boeing 707, F-5 and P-3.
Both businesses serve a broad portfolio of military aircraft platforms such as C-130, UH-60, F-15, F-16 and F-18.
Darryl Mayhorn, Aero Precision president and chief executive, said, “The acquisition of Kellstrom Defense will create great value for our customers and partners through enhanced operational capabilities including repair and overhaul, manufacturing and engineering service.”
Chris Celtruda, Kellstrom Defense CEO, said, “The combination of Aero Precision and Kellstrom Defense’s aftermarket solutions and expanded global channel will ensure our government and military aviation customers worldwide receive improved mission readiness through ample support capabilities.
“We look forward to a rapid integration of the business teams and are working to exceed customer expectations in the coming months.”
Aero Precision defines itself as specialising in “the purchasing, repair and overhaul process by sourcing all military aircraft parts requirements under its unique logistic support model”.
Kellstrom, meanwhile, provides OEM strategic distribution, component repair services, engineered products and logistics solutions for military transporters, fighters and rotary-wing platforms.
