AMETEK Announces Agreement to Acquire First Aviation Services | AME Stock News
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AMETEK, Inc. (NYSE: AME) has announced a definitive agreement to acquire First Aviation Services, a provider of defense and aviation maintenance, repair, and overhaul (MRO) services. This acquisition aims to enhance AMETEK's MRO platform and expand its market opportunities. First Aviation, with annual sales of approximately $80 million, operates six centers in the U.S. The transaction is subject to regulatory approvals. AMETEK, a global industrial technology solutions provider, aims for double-digit earnings growth and superior capital returns.
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