Applied Aerospace & Defense Acquires Ultracor

Spirit AeroSystems Acquires Assets of Applied Aerodynamics

April 27, 2021

Aerospace & Defense

Spirit AeroSystems (NYSE: SPR) acquired the assets of Applied Aerodynamics, a composite MRO provider based in Farmers Branch, Texas. The acquisition expands Spirit’s aftermarket and composite repair capabilities, adding a 120,000-square-foot facility and workforce to improve turnaround times and broaden repair scope for commercial and defense customers.

Applied Aerospace Acquires NeXolve

March 10, 2025

Aerospace & Defense

Applied Aerospace, a Greenbriar Equity-backed aerospace manufacturer based in Stockton, California, has completed the acquisition of NeXolve, a Huntsville, Alabama developer and manufacturer of advanced polyimide films, resins and deployable space subsystems. The NeXolve brand will be retained as a product line and its team and facilities will form an Advanced Materials & Deployable Systems division to expand Applied Aerospace's capabilities in deployable sunshields, solar sails and passive deorbit systems for government and commercial space customers.

Greenbriar Equity Group Acquires Applied Aerospace Structures Corporation

December 8, 2022

Aerospace & Defense

Funds managed by Greenbriar Equity Group acquired Applied Aerospace Structures Corporation (AASC), a Stockton, California-based provider of complex composite and metal-bonded structures for space, aerospace, and defense programs. The investment will support AASC's growth and expansion plans — including organic growth and selective acquisitions — while financial terms were not disclosed.

Latécoère Acquires Avcorp Industries

May 5, 2022

Aerospace & Defense

Latécoère entered into a definitive arrangement agreement to acquire Avcorp Industries Inc. for CAD$0.11 per share in a cash deal valued at approximately CAD$41 million. The transaction strengthens Latécoère’s Aerostructures business by expanding North American manufacturing footprint and increasing exposure to defense and key aircraft platforms such as the B737 Max and F-35.

Applied Composites (AE Industrial Partners) Acquires North Coast Composites and North Coast Tool & Mold from Unitech

April 6, 2022

Aerospace & Defense

Applied Composites Holdings, the aerospace composites platform backed by AE Industrial Partners, acquired The Companies of North Coast (North Coast Composites and North Coast Tool & Mold) from Unitech Holdings. The add-on strengthens Applied Composites' RTM and tooling capabilities to better serve aerospace, defense and space OEM customers; terms were not disclosed.

Greenbriar-backed Applied Aerospace and PCX Aerosystems Combine to Form Applied Aerospace & Defense

December 3, 2025

Aerospace & Defense

Greenbriar Equity Group has formed a new platform, Applied Aerospace & Defense, by combining Applied Aerospace and PCX Aerosystems to create a scaled supplier of precision flight, space and defense hardware. The combined company brings complementary capabilities in metal, composite and polymer manufacturing, more than 1,300 employees across nine locations in five states, and 1.3 million square feet of production and integration facilities to serve military, commercial aerospace and space customers.