The Carlyle Group’s portfolio company Dynamic Precision Group will acquire eight aerospace component-fabrication and machining facilities from Unison Engine Components, a subsidiary of GE Aviation.
SR Technics and Abu Dhabi Aircraft Technologies (ADAT), both members of the Mubadala Aerospace MRO network, have signed a long-term general terms agreement with Moog, which makes precision-control components.
HEICO’s net income increased 25% to a record $28.9 million, or 54 cents per diluted share, for the third quarter of fiscal 2013, up from $23.1 million for the third quarter of fiscal 2012.