AIP Aerospace introduces Ascent Aerospace

Santa Ana, California – Brian Williams, CEO of AIP Aerospace (AIPA) has announced the creation of Ascent Aerospace, a wholly owned unit of AIPA, which will leverage the leadership positions the business has as one of the largest aerospace tooling companies in the world. 

 

"Since its formation in 2012, AIP Aerospace has built its leadership position through both acquisition and organic growth" said Williams. "Our strategy calls for continued organic growth as we emphasize factory automation in an environment of rising aircraft build rates, which is driving customer demands for increased productivity and lower manufacturing costs. Linking full-line integration and factory automation with our tooling technology allows us to provide unique solutions that greatly streamline aircraft manufacturing. We will also continue to look for acquisitions that fit our strategy of serving the aerospace OEM marketplace."

 

Ascent Aerospace will be organized into two Groups:

 

Ascent Tooling Group (including Coast Composites, Odyssey Industries, and Global Tooling Systems). These large tooling businesses serve the aerospace industry and they have experienced strong growth over the last decade as composite aircraft have entered the market. Combined, they offer customers a wide set of capabilities and the tooling capacity.

 

Ascent Integration & Automation Group (including Ascent Integration, Brown Aerospace, and Flow Aerospace). The formation of this group allows Ascent Integration & Automation to focus on customers' requirements and technology developments, consolidating their design, controls, and automation expertise. Ascent Integration will leverage Ascent Tooling Group's fabrication and assembly jig capabilities positioning it to offer customers both integrated turnkey assembly line designs and essential hardware.

 

Ascent Aerospace will further include an engineering services organization, Ascent Engineering, which will provide design and analysis services to both internal and external customers.

 

"Organizing Ascent Aerospace as two groups allows each to focus on specific technologies and capabilities required for their business, enabling coordination and synergistic support between the two. Both groups share common customers, allowing Ascent Aerospace to leverage its marketing and sales reach, offer products and services at multiple levels, and provide a one-stop product offering," Williams concluded.