Precision Aviation Group, Inc. (PAG) Acquires Momentum Services Corporation (MSC)
Atlanta, GA – 9/5/2019 – Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the worldwide aerospace and defense industry announced today the acquisition of Momentum Services Corporation (MSC). MSC is a leading global provider of Repair services for LCD Flat Panel Displays.
David Mast, President & CEO of PAG stated, “We are excited about the acquisition of MSC. The addition of MSC to PAG further diversifies our MRO capabilities by expanding our services into LCD Cockpit Displays. Our investment in MSC allows us to provide our customers with “Next-Generation” Avionics Repair services. We will integrate MSC with our current Avionics Repair Stations in Atlanta and Long Beach to expand their unique portfolio of capabilities and provide innovative LCD Display Repairs to the market.”
Jon Defina, President of MSC commented, “MSC is very enthusiastic about becoming part of PAG. Not only will we be able to significantly expand our product and services offerings to our existing customers, but we are confident in our ability to build on our current portfolio of services and provide PAG’s existing customer base with our specialized Cockpit Display Repair services. We have worked closely with the management team of PAG throughout the acquisition process and believe that this partnership will provide significant benefit to our customers, vendors, and employees.”
About Precision Aviation Group (PAG)
Precision Aviation Group (PAG) is a leading provider of products and value-added services to the worldwide aerospace and defense industry. With 10 locations, 8 Repair Stations and more than 280,000-square-feet of sales and service facilities in the United States, Canada, Australia, Singapore and Brazil – PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain – and its trademarked Inventory Supported Maintenance, Repair and Overhaul (ISMRO®).
PAG provides MRO and Supply Chain Solutions for Fixed and Rotary-wing aircraft. PAG subsidiaries have MRO capabilities on over 25,000 products, including accessories, avionics, dynamic components, fuel accessories, hydraulics, instruments, starter/generators, and wheels/brakes, (www.precisionaviationgroup.com).
About Momentum Services Corporation (MSC)
MSC is an FAA Certified Part 145 Repair Station specializing in Aviation Cockpit Display Repair, operating a State-of-the-Art facility encompassing over 10,000 square feet and utilizing a Class 100 Clean Room. As founders of the first third-party LCD Repair process in 1995, they have over twenty-five years’ experience repairing LCD/Flat Panel Displays and developing LCD test and repair processes, tooling and equipment. Momentum offers Global Service Solutions for Commercial and Military Aviation displays of all sizes with significant cost savings, high-yield, and minimum turn time (www.momentum-fpd.com).