Applied Aerospace has merged with PCX Aerosystems, a portfolio company of Greenbriar Equity Group

Applied Aerospace

Applied Aerospace leverages a 70+ year heritage developing precision systems and structures for aviation, space, maritime and defense applications. Employing advanced techniques in composite, metallic and polymer manufacturing, Applied Aerospace builds a wide range of products including fuselage and wing structures, actuated control surfaces, nose cones, fairings, landing legs, radomes, high-gain antennas, satellite bus structures, solar arrays, optical sensor platforms and deployable solutions used in satellites and spacecraft. Applied Aerospace has been routinely recognized for supplier excellence by long standing customers including Northrop Grumman, RTX (Raytheon), Lockheed Martin, BAE Systems (Ball Aerospace) and more. The company is a two-time awardee of the Robert J. Collier award for achievement in astronautics for its participation in NASA deep space exploration programs. Founded in 1954, the Applied Aerospace 25-acre main campus is located in Stockton, California, with major operations in White Salmon, Washington, and Huntsville, Alabama. For more information, please visit applied-aerospace.com.

The Deal

Lincoln International served as the exclusive financial advisor to Applied Aerospace. The transaction represents Lincoln International’s continued success within the aerospace and defense (A&D) advanced manufacturing segment.

PCX Aerosystems

PCX Aerosystems (PCX) is a leading provider of highly engineered precision flight-critical assemblies for rotorcraft and fixed wing aerospace platforms. PCX core capabilities include engineering, precision metal machining and assembly and integration of complex dynamic systems. PCX produces rotor-head assemblies, power transmission gear, landing gear assemblies, external fuel tank systems, engine and structural airframe components in addition to composite fabrications and refueling probes. PCX provides direct delivery of components and large assemblies to customers such as Boeing, Sikorsky, General Electric, Bell and the U.S. Government. PCX also manufactures proprietary propellant and high-pressure tanks for advanced spacecraft, launch vehicles and missile platforms. Founded in 1900, PCX operates facilities in Connecticut, California and Massachusetts. More information is available at pcxaero.com.

Greenbriar Equity Group

Greenbriar is a middle market private equity firm with 20+ years of experience investing in market-leading services and manufacturing businesses. With $10+ billion of cumulative capital commitments, its investment strategy targets businesses led by experienced management teams capitalizing on strong long-term growth prospects that can benefit from Greenbriar’s deep sectoral expertise, strategic insight and operating capabilities. For more information, please visit greenbriar.com.

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