AMETEK completes acquisition of First Aviation Services; ~$80M revenue

AMETEK INC/

First Aviation Services generates ~$80M in annual revenue and operates six U.S. centers of excellence.
First Aviation provides MRO for advanced electronics, rotor blades, propellers, landing gear, and flight controls.
Acquisition is a strategic fit, expanding AMETEK's MRO capabilities in defense and aerospace.
First Aviation joins AMETEK's Electromechanical Group (EMG).
CEO David Zapico welcomes team, cites opportunities for market expansion and added scale.

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