StandardAero announced plans on Mar. 29 to acquire PAS Technologies—which manufactures and repairs components for the aerospace, oil and gas, and industrial gas turbine markets--for an undisclosed sum.
The U.S. MRO said it plans to align PAS, a privately held company, with its Components, Helicopters & Accessories business, led by Rick Stine, to extend engine life-cycle management options.
PAS Technologies CEO Tom Hutton, who joined the company in 2012 following several years in leadership roles at Pratt & Whitney, says “we are looking forward to working together to support and expand partnerships with all of our OEMs and to offer our customers a much broader range of capabilities and services.”
PAS, known for leveraging its coating technology for both new and aftermarket components, works engines including the Pratt & Whitney PW4000, F117, F100, F414, V2500, GE F414, LM2500 and CFM56. It operates in Hillsboro, Ohio; Kansas City, Missouri; Phoenix; South Windsor, Connecticut; Singapore and Romania.
StandardAero expects to close the transaction within 60 days.