# VSE Aviation acquires 1st Choice Aerospace for $112M

VSE Aviation, a subsidiary of VSE Corporation, acquired 1st Choice Aerospace, a provider of component MRO services and products for commercial aircraft, for an initial cash purchase price of $112 million, with potential additional payments of up to $40 million.

- Type: Acquisition
- Announced: 2019-01-10
- Where: Florida and Kentucky, United States
- Value: $112.0M
- Status: completed
- Products: component maintenance, repair and overhaul services, aviation supply chain management
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [VSE Corporation](https://endata.com/companies/32113.md) (acquirer)
- [1st Choice Aerospace](https://endata.com/companies/36596.md) (target)

## Sources

- [getfilings.com](https://getfilings.com/sec-filings/190114/VSE-CORP_8-K/exhibit991-pressreleasedat.htm), 2019-01-10: "We are pleased to add 1st Choice's service offerings to our supply chain and MRO portfolio."
- [airport-technology.com](https://www.airport-technology.com/news/vse-acquires-1st-choice/), 2019-01-10: "We are pleased to add 1st Choice's service offerings to our supply chain and MRO portfolio."
- [getfilings.com](https://getfilings.com/sec-filings/190114/VSE-CORP_8-K/), 2019-01-14: "On January 10, 2019, VSE Aviation, Inc. (“VSE Aviation”), a wholly owned subsidiary of VSE Corporation (“VSE”), and VSE entered into a definitive Share Purchase Agreement (the “SPA”) to acquire two privately held aviation supply chain management companies, 1 st Choice Aerospace Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.