Author: Darwin McDaniel|| Date Published: January 8, 2019
Kellstrom Defense Aerospace has acquired Williams Aerospace and Manufacturing for an undisclosed sum in a push to address a demand for spare parts services in the global military aircraft operator community.
KDA said Monday its engineered products operating segment will incorporate WAM™s manufacturing processes and the combined company expects to generate more than $160M in 2019 sales.
WAM manufactures parts for the C-5, F-16 and other U.S. OEM defense platforms and operates with a Hologram Product Program license for Lockheed Martin‘s (NYSE: LMT) P-3 and C-130 aircraft.
Houlihan Lokey acted as KDA’s financial adviser and placement agent in the transaction.
PNC Mezzanine Capital, Barings and Blue Torch Capital helped KDA complete the acquisition.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
Kellstrom Defense Aerospace has acquired Williams Aerospace and Manufacturing for an undisclosed sum in a push to address a demand for spare parts services in the global military aircraft operator community.
