HEICO Corporation's Electronic Technologies Group has agreed to acquire Axillon Aerospace's Fuel Containment Business from SK Capital Partners. Financial terms were not disclosed.
Axillon Aerospace LLC was awarded a $15,431,460 firm-fixed delivery order by NAVSUP WSS for 108 aircraft fuel tank spares in support of the F/A-18 Integrated Weapon System Team. Work will be performed in Rockmart, Georgia, and completed by December 2028.
SK Capital has completed its acquisition of the North America Composites & Fuel Containment Division of Parker Hannifin Corporation. The business has been renamed Axillon Aerospace and is a provider of engineered carbon fiber composite components and fuel containment solutions for defense and commercial aerospace markets.