Spirit AeroSystems Acquires Assets of Applied Aerodynamics

Solestra Group Acquires Aerofab Corporation to Expand Complex Aerospace Manufacturing

April 1, 2026

Industrial Services

Solestra Group announced the acquisition of Aerofab Corporation, a precision aerospace and defense manufacturer based in Anaheim, California. The deal expands Solestra’s West Coast manufacturing hub through Aerofab’s flight-safety and fracture-critical capabilities and supports faster new product introduction (NPI).

Tex-Tech Industries Acquires Fiber Materials Inc. from Spirit AeroSystems for $165M

January 13, 2025

Aerospace & Defense

Spirit AeroSystems has sold its Fiber Materials Inc. (FMI) business to Tex‑Tech Industries, Inc. for $165 million in cash. FMI — a supplier of high‑temperature carbon/carbon and ceramic matrix composites with facilities in Biddeford, Maine and Woonsocket, Rhode Island and roughly 400 employees — supplies materials for defense and NASA programs; Tex‑Tech said the acquisition expands its thermally protective materials capabilities for aerospace, defense and space markets.

Aero Accessories Acquires Aero Instruments & Avionics

November 4, 2024

Aerospace & Defense

Aero Accessories & Repair, LLC, a portfolio company of ATL Partners, has acquired Buffalo, New York-based Aero Instruments & Avionics. The add-on strengthens Aero Accessories' MRO capabilities across avionics, electro-mechanical and other complex aircraft components and expands its presence in the commercial, cargo and defense aftermarket; terms were not disclosed.

Boeing Acquires Spirit AeroSystems

July 1, 2024

Aerospace & Defense

Boeing has agreed to acquire Spirit AeroSystems in an all-stock transaction valued at approximately $4.7 billion in equity (about $8.3 billion total including net debt), reintegrating Spirit's Boeing-related commercial operations and select aftermarket businesses. The deal brings roughly 15,000 Spirit teammates into Boeing, expands Boeing's production and MRO footprint, and preserves certain defense activities as an independent Spirit Defense subsidiary while requiring divestiture of some Airbus-related work packages.

Architect Equity Acquires AAR's Aerospace Composites Division (renamed Aeromatrix Composites)

August 31, 2020

Aerospace & Defense

Architect Equity acquired the Aerospace Composites Division of AAR Corporation and renamed the business Aeromatrix Composites. The Clearwater, Florida-based composites manufacturer will operate under Architect's ownership to support growth plans in commercial aerospace and defense, while AAR completed a corporate divestiture of the division.

TRS Services Acquires American Aeromotive Components

February 4, 2020

Manufacturing

Houston-based TRS Services has acquired the assets of American Aeromotive Components (AAC), expanding TRS's manufacturing and replacement-parts capabilities for light industrial and aeroderivative gas turbines. The acquisition adds CNC grinding and machining capacity and broadens TRS's repair capabilities for heavy industrial buckets and blades, strengthening the company's technical expertise and service offering to turbine operators and OEMs.