Novaria Group Announces Acquisition of GK Mechanical Systems, LLC
Summary
FORT WORTH, Texas--(BUSINESS WIRE)--Novaria is pleased to announce the acquisition of GK Mechanical Systems LLC (“GK”), a leading engineer and manufacturer of automatic, positive locking systems and components. This acquisition furthers Novaria’s portfolio expansion of proprietary and qualified product offerings. “The acquisition of GK continues Novaria’s strategy to invest in highly engineered products that service our core end markets in Aerospace, Defense and Naval,” said Novaria CEO Bryan Perkins. Since 2002, GK has successfully partnered with several of the biggest defense OEMs and engineering departments such as General Dynamics, Huntington Ingalls, Boeing, Lockheed Martin, Northrop Grumman and the Department of Defense. Working with Novaria will provide us with the resources needed to expand our product lines to the commercial and defense aerospace customers we have been targeting for continued growth.” Novaria Group is a privately held business focused on precision component companies that deliver optimum performance and sustainable growth within the aerospace and defense marketplace.