Aero Precision - A Greenwich AeroGroup Company Revenue and Competitors

Aero Precision began as Aero Precision Industries (API), Inc., with its founder Evren Ergin in 1993 by providing customer focused solutions that supported three platforms (F-16, F-4, F-5) in a single country. In 1998, API signed as a distributor for Honeywell Aerospace, its first OEM partner. In 2001 API added Zodiac Aerospace’s ESCO division to support Turkey and in 2004 added Hamilton Sundstrand for several additional countries. Soon after, the business model shifted to OEM based military aftermarket component management. During the 2000’s eight new OEMs were added, strengthening API’s distribution channels and adding support for F-15, F-18, T-50, C-130, CN-235, C-17, P-3, UH-60, CH-47, CH-53, AH-64, and Bell platforms. On July 15th, 2008, API formed a strategic alliance with Dermond Defense & Aerospace (DDA) and continued its expansion of services. In May of 2011, Aero Precision Industries, LLC, was awarded the Presidential “E” Award for Exports by the U.S. Department of Commerce. Greenwich AeroGroup acquired Aero Precision Industries, LLC, on Jan 1st, 2013. In 2016 Aero Precision received the President’s “E” Star Award for expanded export and manpower growth over the past 10 years. A Fund managed by Odyssey Investment Partners acquired Aero Precision Industries LLC, DAC International Inc. and NASAM Inc. operating under Aero Precision Holdings LP.