Cincinnati-based Field Aviation Inc. has acquired ARINC Aerospace Systems Engineering and Support (ASES LLC).
Field Aviation, located on Montgomery Road, is a subsidiary of Field Aerospace.
ASES services aircraft through modification, integration and maintenance and can provide services for the Department of Defense, government, commercial, business and private customers, according to a Field Aviation news release.
Through the acquisition, the two companies will now be able to focus their efforts on more types of aircraft. ASES mostly works with larger aircraft. Field Aviation has mostly worked with regional aircraft weighing less than 100,000 pounds, such as the maritime surveillance aircraft and Dash 8.
“The acquisition of ASES is an effective complement to our Canadian modification operations,” Field Aviation President and CEO John Mactaggart said in the release. “When we purchased Field Aviation in 2012, we wanted to use the company as a launching point for further acquisitions, particularly in the United States. Today marks the first such purchase. The combined capability will allow Field to expand its product offerings from a small turboprop all the way up to the largest of jet aircraft.”
Field Aviation will now have more than 500 employees in North America working in more than 350,000 square feet of hangar and production facilities, including hangars at Will Rogers World Airport in Oklahoma City, Toronto Pearson International Airport in Toronto and an Aerospace Parts manufacturing facility in Calgary, Canada.
“Combining Field Aviation’s international experience with ASES’s familiarity with the U.S. market was a key factor in our purchase decision,” Field Aviation Chairman Dan Magarian said in the release. “Expanding into the U.S. market was always a primary objective, and this purchase begins that process in a way that supports our current operations as well as our strategic growth plans. We are excited to begin a new chapter in the growth of Field Aviation.”