Loar Holdings acquires Applied Avionics Inc.

Completes previously announced acquisition for about $385 million in cash.

loar-group-allied-avionics

Courtesy respective companies

Loar Holdings Inc. of White Plains, New York, has completed the previously announced acquisition of Applied Avionics Inc. for approximately $385 million in cash.

Applied Avionics designs, develops, and manufactures highly engineered interface solutions for avionics and other aerospace and defense electronics. Applied Avionics’ brands, VIVISUN advanced lighted pushbutton switches and indicators and NEXSYS component technology, are the preferred choices of leading aircraft retrofit providers, military prime contractors, Tier 1 suppliers, and original equipment manufacturers (OEMs), among others, reflecting Applied Avionics’ passion for exceptional customer service, world-class quality, and reputation as an innovative solutions provider. Applied Avionics maintains headquarters and manufacturing operations at its facility in Fort Worth, Texas.

Loar Holdings Inc. is a diversified manufacturer and supplier of niche aerospace and defense components that are essential for today’s aircraft and aerospace and defense systems. Loar has established relationships across leading aerospace and defense OEMs and Tier 1s worldwide.