M&A Deal Summary

Spirit AeroSystems Acquires Applied Aerodynamics

On April 27, 2021, Spirit AeroSystems acquired aerospace company Applied Aerodynamics

Acquisition Highlights
  • This is Spirit AeroSystems’ 3rd transaction in the Aerospace sector.
  • This is Spirit AeroSystems’ 2nd transaction in the United States.
  • This is Spirit AeroSystems’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-04-27
Target Applied Aerodynamics
Sector Aerospace
Buyer(s) Spirit AeroSystems
Deal Type Add-on Acquisition

Target

Applied Aerodynamics

Farmers Branch, Texas, United States
Applied Aerodynamics is a provider of high-quality, efficient composite maintenance, repair, and overhaul (MRO) solutions for premier airlines. Employing the principles of total quality management (TQM), Applied Aerodynamics offers outstanding structural repair and overhaul of thrust reversers, flight controls, radomes/tailcones, nacelles, doors, panels, and more. Applied Aerodynamics was formed in 1990 and is based in Farmers Branch, Texas.

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Buyer(S) 1

Buyer

Spirit AeroSystems

Wichita, Kansas, United States

Category Company
Founded 1927
Sector Aerospace
Employees20,370
Revenue 6.3B USD (2024)
DESCRIPTION

Spirit AeroSystems is an independent provider of large component parts and assemblies for commercial aircraft. Spirit AeroSystems offers manufacturing and design expertise on a broad range of products and services for aircraft original equipment manufacturers. Spirit AeroSystems was founded in 1927 and is based in Wichita, Kansas.


DEAL STATS #
Overall 4 of 4
Sector: Aerospace M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-26 Bombardier - Aerostructures and Aftermarket Services Business

Belfast, Ireland

Bombardier, Inc. - Aerostructures and Aftermarket Services Business is a global player, delivering composite and metallic wing components, nacelles, fuselages and tail assemblies, along with high-value mechanical assemblies made out of aluminum, titanium, and steel.

Buy $275M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-13 Fiber Materials

Biddeford, Michigan, United States

Fiber Materials is a materials solutions company that develops and manufactures high-temperature materials and composites for use in industrial, commercial, and aerospace applications. FMI produces carbon/carbon composites, carbon-ceramic, and advanced polymer matrix composites. Fiber Materials was established in 1969 and is based in Biddeford, Maine.

Sell $165M