Field Aviation, a wholly owned subsidiary of Field Aerospace, has acquired ARINC Aerospace Systems Engineering and Support (ASES) from Rockwell Collins. ASES, operating as ARINC Aerospace, provides aircraft modification, integration and maintenance services, as well as logistical and sustainment capabilities for Department of Defense, government, commercial, business and private customers. ASES will operate as Field Aerospace.
ASES’s primary focus has been on larger airframes, including the C-130, KC 10, KC 135 and E-6B. Field Aviation’s focus has been on regional aircraft of less than 100,000 lb, including maritime surveillance aircraft, based on the Challenger 605 platform and the classic Dash 8.
“The acquisition of ASES is an effective complement to our Canadian modification operations,” said Field’s president and CEO, John Mactaggart. “When we purchased Field Aviation in 2012, we wanted to use the company as a launching point for further acquisitions, particularly in the USA. 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.”
“Combining Field Aviation’s international experience with ASES’s familiarity with the US market was a key factor in our purchase decision,” said Field’s chairman, Dan Magarian. “Expanding into the US 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.”
“With the acquisition of ASES, we gain a tremendous workforce and world-class facilities,” said Jennifer Smith, CFO at Field. “We project the effect of this transaction to be accretive within the first 12 months.”
Posted on March 13, 2015.