Business Aviation News

Ducommun to Acquire BLR Aerospace

Ducommun to Acquire BLR Aerospace

Ducommun has announced that it has entered into a definitive securities purchase agreement to acquire BLR Aerospace – an aerodynamics systems provider that aims to enhance productivity, performance and safety of fixed-wing and rotary aircraft in both commercial and military capacities.

BLR’s product offering includes the FastFin tail rotor stability system for Airbus and Bell helicopters, as well as quiet propellers and winglets for fixed-wing aircraft.

“I am delighted to welcome the team at BLR Aerospace to Ducommun as we continue to add proprietary engineered products to our portfolio,” said Stephen Oswald, Chairman, President and CEO, Ducommun. “BLR is an absolute industry leader in providing engineered products and aftermarket services to rotorcraft, fixed-wing business aviation OEM customers and fleet operators worldwide and their team will only strengthen our position.”

The acquisition is subject to closing conditions and regulatory approval but is expected to be completed in Q2 2023. The acquisition will be financed by Ducommun’s existing revolving credit facility.

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