Precision Aerospace Holdings has acquired Clearwater Engineering to expand its market presence in the Midwest, enhancing capabilities in aerospace manufacturing.

Target Company Overview

Precision Aerospace Holdings LLC (Precision), headquartered in Dallas, Texas, is a prominent manufacturer specializing in advanced aerospace machining and defense components. Their recent acquisition of Clearwater Engineering, located in Derby, Kansas, marks a significant strategic expansion for Precision as it extends its operational footprint beyond Texas into the Midwest market.

Clearwater Engineering has been an established player in the aerospace sector since 1987, providing specialized services in precision machining, computer numerical control (CNC) milling, and supply chain management tailored to both commercial and government aerospace clients. With a workforce of approximately 40 employees, Clearwater is recognized for its excellence in CNC milling and high-volume machining, ensuring that its leadership team remains involved post-acquisition to maintain continuity and expertise.

Industry Overview

The aerospace industry in the United States, particularly in regions such as Kansas, is a vital contributor to the economy. As one of the leading states for aircraft manufacturing, Kansas has a robust