VSE Corporation Completes Acquisition of Kellstrom Aerospace Group

Aero Precision Acquires Kellstrom Defense

March 2, 2020

Aerospace & Defense

Aero Precision, a PE-backed aerospace distribution and services platform, has acquired Kellstrom Defense, a provider of defense aircraft aftermarket sustainment solutions. The deal combines distribution, repair & overhaul, engineering and logistics capabilities to create a larger privately owned military aftermarket distributor and expand Aero Precision's global defense aviation support footprint.

VSE Corporation Acquires Global Parts Group, Inc.

July 26, 2021

Aerospace & Defense

VSE Corporation (NASDAQ: VSEC) acquired privately held Global Parts Group, Inc. in an all-cash transaction valued at approximately $38 million. The deal brings Global Parts' airframe-focused distribution and hydraulics/pneumatics MRO capabilities in Augusta, Kansas into VSE Aviation, expanding VSE's product and repair offerings to the business & general aviation market and adding access to more than 3,000 B&GA customers and ~ $65 million of 2020 revenue.

VSE Corporation Acquires Turbine Controls, LLC

April 24, 2024

Aerospace & Defense

VSE Corporation has completed the acquisition of Turbine Controls, LLC, a provider of aftermarket repair and overhaul (MRO) services for engine components and airframe accessories, for approximately $120 million (about $110 million cash and $10 million in stock). The acquisition strengthens VSE's Aviation segment by expanding repair capabilities, adding OEM relationships, and enhancing its position in the commercial engine MRO aftermarket.

VSE Corporation Acquires Turbine Weld Industries

May 1, 2025

Industrial Services

VSE Corporation (NASDAQ: VSEC) acquired Turbine Weld Industries, a Venice, Florida-based specialist in hot-section engine component repairs, for approximately $50 million in cash. The acquisition expands VSE Aviation's MRO capabilities on Pratt & Whitney Canada platforms (PW100, PT6, JT15D) and positions VSE to invest in capacity growth and strengthen OEM relationships.

VSE Corporation Agrees to Acquire Precision Aviation Group in $2.025 Billion Aviation Aftermarket Deal

January 29, 2026

Aerospace & Defense

VSE Corporation (NASDAQ: VSEC) entered into a definitive agreement to acquire Precision Aviation Group, Inc. (PAG) from GenNx360 Capital Partners in an upfront cash-and-equity transaction valued at approximately $2.025 billion. The deal includes $1.75 billion in cash, about $275 million of equity issued to GenNx, and up to $125 million of contingent earnout consideration tied to PAG’s 2026 adjusted EBITDA.

VSE Corporation Acquires Desser Aerospace from Graham Partners

July 13, 2023

Transportation

VSE Corporation has completed the acquisition of Desser Aerospace from Graham Partners for total cash consideration of $124 million, with a concurrent sale of Desser's Proprietary Solutions businesses to the Loar Group for $30 million (resulting in a net cash outlay to VSE of $94 million). Desser is a global aftermarket distributor of specialty aircraft tires, brakes, batteries and an MRO provider with operations in California, Tennessee, the United Kingdom and Australia; VSE and Loar expect the transactions to expand geographic reach and aftermarket/MRO capabilities.