Segment Reports

A&D Aftermarket M&A Transactions - August 2026

Written by Stephen Perry | September 2026

Download and read the August 2026 issue of the A&D Aftermarket Monthly, covering the latest M&A deal activity and valuation trends in the aerospace & defense manufacturing sector, including companies providing maintenance, repair & overhaul (MRO) services, parts manufacturer approval (PMA) and replacement parts, distribution and logistics, supplemental type certificate (STC) and modifications, supply chain management and aftermarket services. Sign up for the A&D Aftermarket Monthly distribution list to stay up-to-date on the headline acquisitions impacting your market and the current dynamics of the publicly traded strategic companies within the industry.

Key A&D Aftermarket Deals Announced

Target
Buyer
Description
  • Target: United Kingdom-based AerFin provides aviation aftermarket services focused on aircraft, engine, and component trading, leasing, repair management, and technical support. The company supports airlines, lessors, and MRO providers through material supply, inventory solutions, engine MRO support, and aircraft part-out services.

  • BuyerIreland-based ORIX Aviation is an aviation investor and aircraft asset manager specializing in commercial aircraft trading, leasing, and portfolio management. The company manages aircraft and engine assets and provides technical, financial, and commercial services to airlines, financial institutions, and investors worldwide. 

  • TermsTransaction announced on August 3, 2026. Terms not disclosed.

  • Target: Eau-Claire, WI-based Heartland Aviation provides aircraft charter, management, maintenance, and related aviation services for business and general aviation customers. The company supports operators through aircraft management, Part 135 charter, and maintenance capabilities, with a fleet that includes Citation light jets.

  • Buyer: Janesville, WI-based SC Aviation provides private aviation services, including on-demand jet charter, aircraft management, and maintenance. The company supports business and personal travel customers across the Midwest with a managed fleet and aviation support capabilities.

  • Terms: Transaction announced on August 3, 2026. Terms not disclosed.


 

a portfolio company of

  • Target: Arkansas City, KS-based Jet Airwerks operates as an FAA Part 145 Repair Station and specializes in components used in the CFM56, CF6, and CF34 engine families. The company serves domestic and international customers and holds certifications from the FAA, European Union Aviation Safety Agency, Civil Aviation Administration of China, and UK Civil Aviation Authority.

  • Buyer: Windsor, CT-based Barnes Aerospace provides precision manufacturing and aftermarket MRO services for commercial and military aircraft engines and industrial gas turbines. The company produces complex engine components and assemblies, including casings, frames, rotating components, seals, and fabricated structures, while offering repair and overhaul solutions for critical turbine engine hardware.

  • Terms: Transaction announced on August 20, 2026. Terms not disclosed.



Aircraft Parts business

a portfolio company of

  • Target: Ocoee, FL-based Fly Alliance’s Aircraft Parts business distributes serviceable aircraft components, engines, and related aftermarket inventory to operators, maintenance providers, and aviation businesses. The operation supports business aviation fleets through aircraft disassembly inventory, warehousing, logistics, and global parts sales.

  • Buyer: Orlando, FL-based Altitude Parts supplies aircraft parts, engines, and aftermarket solutions to the global aviation industry. The company supports business aviation customers through proprietary inventory and aircraft disassembly programs, providing aftermarket components and engine assets.

  • Terms: Transaction announced on August 27, 2026. Terms not disclosed.