Loar Group has added flight instrumentation, guidance, and controls manufacturer Safe Flight Instrument Corp. to its aircraft component businesses. Financial terms of the acquisition were not released.
The deal for White Plains, New York-based Safe Flight expands Loar’s offerings to include stall warning and protection, automatic throttle systems, fuselage airflow angle sensors, control shakers, icing condition detectors, and aircraft lift instrumentation. Safe Flight products are installed on nearly two-thirds of the world’s aircraft, with about 75 percent of its products sold to the general and business aviation end markets.
“This acquisition of Safe Flight adds a strong management team, along with expanded engineering, design, manufacturing, repair, and overhaul talent to Loar, allowing us to address additional unique and niche manufacturing and technological challenges faced by our customers,” said Loar Group CEO Dirkson Charles. He further added that the deal permits Safe Flight to continue serving its existing customers while providing additional capital and human resources for growth.
Loar Group also owns aircraft and automotive carbon brake system manufacturer BAM, precision aerospace component supplier AGC, and multiple aerospace machining companies, among others.