Aerospace & Defense Acquisitions in Delaware

Bombardier, through its U.S. subsidiary Learjet Inc., has acquired Velocity Maintenance Solutions, a Wilmington, Delaware–based aircraft MRO provider. The acquisition — terms confidential — adds a 35,000 sq. ft. hangar and 14 mobile repair trucks to Bombardier’s service network, expanding its U.S. MRO and AOG capabilities and supporting its services growth strategy.

Aero 3, Inc., the parent of AeroRepair and a portfolio company of GenNx360 Capital Partners, has acquired Aircrafters, Inc., a New Castle, Delaware–based distributor of aircraft wheel and brake parts and provider of exchange asset pools. The acquisition expands Aero 3's parts distribution capabilities and North American logistics footprint while keeping Aircrafters' management in place.

Acorn Growth Companies, a private equity firm focused on aerospace, defense and intelligence, acquired DIMO Corporation, a New Castle, Delaware-based value-added distributor of mission-critical aircraft parts and assemblies. The acquisition brings DIMO's global distribution and government/OEM relationships into Acorn's portfolio to support growth and international market opportunities; terms were not disclosed.