AMETEK completes acquisition of First Aviation Services
First Aviation provides MRO services and proprietary components for defense and aviation, with $80 million annual revenue.
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Provider of electronic instruments and electromechanical devices
ametek.comLast updated
In short: AMETEK agreed to acquire Indicor's instrumentation businesses for $5 billion while reporting record financial results for 2025 and Q1 2026.
First Aviation provides MRO services and proprietary components for defense and aviation, with $80 million annual revenue.
The company achieved record financial results, provided innovative solutions for NASA's Artemis II mission, and completed recent acquisitions.
Stanage, former Hexcel Chairman and CEO, brings extensive aerospace and industrial experience. He holds degrees from Western Michigan University and Notre Dame.
The all-cash transaction is valued at $5.0 billion. Indicor generates $1.1 billion in annual sales and will integrate into AMETEK's EIG and EMG. Closing expected in second half of 2026.
At closing, AMETEK expects its debt-to-EBITDA ratio to be roughly 2.3 times. Executive Vice President and Chief Financial Officer Dalip Puri said the company expects...
AMETEK INC has an Investment Rating of BUY; a target price of $262.000000; an Industry Subrating of High; a Management Subrating of High; a Safety...
AMETEK stock has been supported by steady earnings growth and expanding margins, with the US industrial technology group reporting higher sales and adjusted earnings per...
AMETEK INC has an Investment Rating of BUY; a target price of $257.000000; an Industry Subrating of High; a Management Subrating of High; a Safety...
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