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.
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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.
