Global Aerospace Business, Ontic, Expands Footprint with Latest UK Acquisition and Licensing Agreement
Summary
CHELTENHAM, England--(BUSINESS WIRE)--Ontic has completed the sale and licensing of certain legacy product lines from Triumph Group’s Staverton facility in the UK. The Staverton facility in Gloucestershire supports a range of platforms in the Military, Civil and Marine Markets including the Airbus A330, BAE Hawk and Tornado, as well as the weapon handling systems on a variety of submarines. This acquisition expands Ontic’s capacity in the UK following the successful growth of its existing facility in Cheltenham. Not only will we be growing our business footprint with space, equipment, and product lines, but we will be welcoming 90+ talented new employees to the Ontic family, with expertise in mechanical solutions.” Ontic maintains a global focus by supporting customers and licencing partners from manufacturing and MRO facilities in Chatsworth, California; Creedmoor, North Carolina; Plainview, New York; Cheltenham and Bolton in the United Kingdom, Singapore, and newly added Staverton. With over 47 years of aerospace product manufacturing and aftermarket support experience, Ontic provides FAA, CAAS, CAAC, TCCA, DCA, EASA Part 21 and 145 OEM support, including new and serviceable spares and repairs for over 7,000 established aircraft parts.