Field Aviation acquires ARINC from Rockwell Collins
By Field Aviation
March 11, 2015, Cincinnati, Oh. - Field Aviation has completed the acquisition of ARINC Aerospace Systems Engineering and Support from Rockwell Collins.
By Field Aviation
ASES LLC, operating as ARINC Aerospace, provides aircraft modification, integration and maintenance services, as well as logistical and sustainment capabilities for Department of Defense (DoD), government, commercial, business, and private customers. Following completion of the acquisition, ASES will operate as Field Aerospace.
With the completion of this acquisition, Field will have over 500 highly skilled staff in North America based in hangar and production facilities totalling over 350,000 square feet. With hangars at Will Rogers World Airport Oklahoma City, OK, USA, Toronto Pearson International Airport, Toronto ON, Canada and an aerospace parts manufacturing facility in Calgary, Alberta, Canada, Field is well positioned to meet the needs of its customers worldwide.
ASES’ 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 lbs., including maritime surveillance aircraft (MSA), based on the Challenger 605 platform and the classic Dash 8. The two companies will benefit from leveraging the natural synergies that will result from the acquisition.
“The acquisition of ASES is an effective complement to our Canadian modification operations,” said Field 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 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.”
“Combining Field Aviation’s international experience with ASES’s familiarity with the U.S. market was a key factor in our purchase decision,” said Field chairman Dan Magarian. “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.”
Jennifer Smith Field CFO, added: “With the acquisition of ASES, we gain a tremendous workforce and world class facilities. We project the effect of this transaction to be accretive within the first twelve months.”