AMETEK Announces Agreement to Acquire First Aviation Services

AMETEK (NYSE: AME) announced an agreement to acquire First Aviation Services, a defense and aviation MRO provider with annual sales of approximately $80 million and six U.S. centers of excellence.

Rhea-AI Summary

AMETEK (NYSE: AME) announced an agreement to acquire First Aviation Services, a defense and aviation MRO provider with annual sales of approximately $80 million and six U.S. centers of excellence. The deal expands AMETEK's component MRO capabilities across electronics, rotor blades, propellers, landing gear and flight controls. The transaction is subject to customary closing conditions, including regulatory approvals.

AMETEK reported annual sales of about $7.5 billion and reiterated its Growth Model focused on operational excellence, technology innovation, global expansion and strategic acquisitions.

Positive

• Adds approximately $80 million in annual sales
• Adds six U.S. centers of excellence to AMETEK's MRO footprint
• Expands component MRO capabilities in electronics, rotor blades, propellers, landing gear, and flight controls
• Acquires proprietary products and engineering for mission-critical defense platforms

Negative

• Transaction is subject to customary closing conditions and regulatory approvals
• Purchase price and deal economics were not disclosed in the announcement

Argus Apr 30 session

+3.35% close to close Open Argus

Details

News Market Reaction – AME

In the Apr 30 session, AME gained 3.35%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds another acquisition to AMETEK’s strategy, extending its reach into defense an...

Analysis

This announcement adds another acquisition to AMETEK’s strategy, extending its reach into defense and aviation MRO and proprietary components. First Aviation contributes about $80 million in annual sales and six U.S. centers of excellence, complementing AMETEK’s existing industrial technology platform with roughly $7.5 billion in sales. Historically, AMETEK’s acquisition news has produced mixed but generally modest price moves, so investors often focus on integration progress, margin effects and follow‑on capital deployment.

Key Figures

First Aviation annual sales: $80 million Centers of excellence: 6 centers AMETEK annual sales: $7.5 billion +5 more

First Aviation annual sales

$80 million

Stated annual sales for First Aviation Services

Centers of excellence

6 centers

First Aviation facilities throughout the U.S.

AMETEK annual sales

$7.5 billion

Corporate profile annual sales level

Founded

1930

Year AMETEK was founded

Listing tenure

over 95 years

Time AMETEK has been listed on NYSE

Current share price

$227.505

Price before acquisition news publication

52-week high

$242.05

Upper end of AMETEK’s 52-week range

52-week low

$163.20

Lower end of AMETEK’s 52-week range

Previous Acquisition Reports

5 past events · Latest: Feb 03

Same Type 5 events

1. Feb 03

   Acquisition announced

   24h Move

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   Acquisition of LKC Technologies to expand ophthalmic diagnostic device portfolio.

2. Jul 21

   Acquisition completed

   24h Move

   -0.2%

   Completion of FARO Technologies acquisition and integration into Ultra Precision division.

3. May 06

   Acquisition agreement

   24h Move

   -1.4%

   Definitive agreement to acquire FARO Technologies at a set cash premium.

4. Feb 04

   Acquisition announced

   24h Move

   -2.0%

   Acquisition of Kern Microtechnik to add ultra‑precision machining solutions.

5. Oct 31

   Acquisition completed

   24h Move

   +8.5%

   Acquisition of Virtek Vision International to expand laser projection and inspection tools.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

maintenance, repair and overhaul (MRO), MRO

2 terms

maintenance, repair and overhaul (MRO) technical

"provider of highly engineered, mission-critical defense and aviation maintenance, repair and overhaul (MRO) services"

Maintenance, repair and overhaul (MRO) describes the ongoing work and supplies needed to keep physical assets — like factories, vehicles, aircraft or machines — safe and running. Think of it like regular servicing and occasional major fixes for a car: it costs money now but prevents costly breakdowns, extends useful life, and affects revenue by reducing downtime; investors watch MRO spending to judge future expenses, reliability and capital needs.

MRO technical

"strong strategic fit with our MRO platform, providing attractive market expansion opportunities"

MRO stands for Maintenance, Repair, and Operations, referring to the supplies and services companies provide to keep machinery, buildings, and infrastructure functioning smoothly. These essentials are vital for ongoing business activities, much like routine car maintenance keeps a vehicle running reliably. Investors pay attention to MRO companies because their performance reflects the health of industries that rely heavily on regular upkeep and support services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BERWYN, Pa., April 30, 2026 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that it has entered into a definitive agreement to acquire First Aviation Services, a leading provider of highly engineered, mission-critical defense and aviation maintenance, repair and overhaul (MRO) services and a manufacturer of related proprietary components. 

First Aviation's MRO capabilities include advanced electronics, rotor blades and assemblies, propellers, landing gear, and flight controls. In addition, First Aviation specializes in designing, engineering, and manufacturing critical parts across a wide range of defense and aviation platforms.

"First Aviation is a strong strategic fit with our MRO platform, providing attractive market expansion opportunities and broadening the scope of our component MRO services," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Their proprietary products and services further broaden our differentiated products serving mission critical applications. We look forward to leveraging our respective operating, engineering and distribution strengths to continue to grow our combined capabilities."

First Aviation Services has annual sales of approximately $80 million and operates six centers of excellence throughout the U.S. The transaction is subject to customary closing conditions, including applicable regulatory approvals.

Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.5 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 95 years and is a component of the S&P 500. For more information, visit www.ametek.com.

Contact:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247

View original content:https://www.prnewswire.com/news-releases/ametek-announces-agreement-to-acquire-first-aviation-services-302757635.html

SOURCE AMETEK, Inc.

FAQ

What did AMETEK (AME) announce on April 30, 2026 about First Aviation Services?

AMETEK announced a definitive agreement to acquire First Aviation Services, a defense and aviation MRO provider. According to company, First Aviation has approximately $80 million in annual sales and operates six U.S. centers of excellence focused on mission-critical components and MRO services.

How will the First Aviation acquisition affect AMETEK's MRO capabilities (NYSE: AME)?

The acquisition broadens AMETEK's component MRO scope across multiple platforms. According to company, First Aviation adds proprietary products and services in electronics, rotor blades, propellers, landing gear, and flight controls to AMETEK's existing MRO platform.

Is the AMETEK and First Aviation deal completed and are there regulatory approvals required?

The transaction is not completed and remains subject to customary closing conditions. According to company, the deal requires applicable regulatory approvals before closing and will be completed only after those conditions are satisfied.

What scale of revenue does First Aviation Services bring to AMETEK (AME)?

First Aviation brings approximately $80 million of annual sales to AMETEK. According to company, those revenues come from MRO services and proprietary component manufacturing across defense and aviation platforms.

Did AMETEK (AME) disclose the purchase price or deal economics for First Aviation?

No, AMETEK did not disclose a purchase price or detailed deal economics in the announcement. According to company, the release describes business scope and sales but omits specific financial terms for the transaction.