Barnes Aerospace buys Jet AirWerks to grow engine repair business
What's the deal? Barnes AerospaceDealroom has a profile for this one. Try Dealroom → has closed its acquisition of Jet AirWerks LLCDealroom has a profile for this one. Try Dealroom →, a Kansas-based provider of inspection, repair, overhaul, and disassembly services for commercial aeroengine components. Terms were not disclosed.
What each side does: Barnes Aerospace, based in Bristol, Connecticut, supplies engineering, manufacturing, and repair solutions across aeroengine components. Founded in 2007 and located in Arkansas City, Kansas, Jet AirWerks is an FAA Part 145 repair station focused on CFM56, CF6, and CF34 engine families.
Why now? Expanding component repair and overhaul (CRO) is central to Barnes Aerospace's growth strategy. The deal adds Jet AirWerks' portfolio of approved repairs and in-house processing to strengthen full life-cycle aftermarket support for commercial customers.
What's the endgame? Barnes Aerospace wants to broaden its repair portfolio and technical capabilities across the aeroengine lifecycle. "Jet AirWerks is a strong strategic fit that advances Barnes Aerospace's long-term growth strategy," said chief executive officer Mike Mosley.
What changes for customers? During integration, Barnes Aerospace says it will focus on business continuity, retaining employees, and uninterrupted service. Jet AirWerks serves both domestic and international customers.
The founder's view: "Becoming part of Barnes Aerospace ensures that legacy of craftsmanship continues in South Central Kansas for years to come," said Keith Humphrey, president, chief executive officer, and founder of Jet AirWerks.
The signal: The deal reflects continued consolidation in the aerospace aftermarket, where suppliers are bulking up repair and overhaul capacity to capture recurring demand from OEMs, MROs, and airlines over an engine's full lifecycle.
Image credit: Marion Doss
Read more: Associated Press