Aero Precision Acquires Kellstrom Defense

LIVERMORE, Calif.--(BUSINESS WIRE)--Aero Precision, a leading military aviation aftermarket distributor based in Livermore, California, announced today it has acquired Kellstrom Defense, a leading aftermarket sustainment solutions provider, headquartered in El Segundo, California. “Through this acquisition, Aero Precision creates one of the largest privately owned military aftermarket distribution businesses in the industry including repair and overhaul, manufacturing, engineering services, and logistics management,” said Darryl Mayhorn, Aero Precision President and CEO.

“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,” said Chris Celtruda, Kellstrom Defense CEO. “We look forward to a rapid integration of the business teams and are working to exceed customer expectations in the coming months.”

Aero Precision and Kellstrom Defense serve a broad portfolio of military aircraft platforms such as C-130, UH-60, F-15, F-16, and F-18. This new bundle of parts and services creates an opportunity to streamline logistics management across the combined organization to provide added value for our customers and partners. In addition, the combination will give Aero Precision access to more legacy aircraft such as the B707 (military applications include E-8/JSTARS and E-3), F-5 and P-3, as well as additional OEM partnerships. “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 services,” said Darryl Mayhorn. “The future is bright as we continue to delight customers by chasing and providing limitless military aviation aftermarket solutions.”

Aero Precision Holdings LP, comprised of DAC International Inc., NASAM Inc. and Aero Precision Industries, LLC, is owned by a Fund managed by Odyssey Investment Partners.

About Aero Precision

Aero Precision is a leader in aerospace distribution and services and a premier worldwide stocking distributor of aircraft OEM parts. With over 25 years of reliability, quality products, and customer service, Aero Precision facilitates the purchasing and repair & overhaul process by sourcing all military aircraft parts requirements under its unique logistic support model. Aero Precision has stocking distribution agreements with Honeywell, Collins Aerospace (UTAS- Hamilton Sundstrand), CEF Industries, Parker, Eaton, Champion Aerospace, Crane Aerospace, Marvin Test Solutions, Essex Industries, WesTest Engineering, and other strategic OEM partners for various product lines and supports 60+ countries worldwide. News and information are available at www.aeroprecision.com.

About Kellstrom Defense Aerospace, Inc.

Kellstrom Defense is a global leader for defense aircraft sustainment, deploying an experienced team and complete capabilities to solve customer challenges through OEM strategic distribution, component repair services, engineered products, and logistics solutions for military transporters, fighters, and rotary wing platforms. Kellstrom Defense serves the U.S. military and customers in over 60 partnering nations. Current operating locations include Camarillo, CA; Chatsworth, CA; Miramar, FL; Macon, GA; Chula Vista, CA; Cambridge, UK; South Windsor, AU; Singapore, and Abu Dhabi, United Arab Emirates. News and information are available at www.kellstromdefense.com