Aviation Technical Services Acquires Texas Pneumatics Systems Inc.

September 7, 2016

Everett, Washington (September 7, 2016) ― Aviation Technical Services (ATS) announced today that it has acquired Texas Pneumatics Systems (TPS) Inc., a company that provides repair and overhaul services for commercial airlines predominantly for pneumatic and fuel related components and systems. Located near Fort Worth, Texas, TPS is a world recognized high-quality repair station with a 20 year proven record that employs an experienced team of about 100. The purchase expands ATS’ breadth of capabilities in order to service new types of components that further support customer needs.

“The acquisition of Texas Pneumatics Systems is part of ATS’ strategy to respond to the needs and desires of our growing customer base,” said Brian Hirshman, ATS President. “Our focus is to make it easy for customers to do more business with us across the spectrum of aftermarket products and services.”

“TPS has a long history of providing award-winning component repair work, and we are proud to put our experienced team to work for the ATS brand,” TPS President and CEO Bernie Rookey said. “TPS operates three businesses and facilities that all specialize in component repair services that are complementary to ATS’ service offerings and expertise.”

TPS Aerospace is the combined company of Texas Pneumatics Systems (TPS), Turbine Fuel Systems (TFS), and Aviation Industry Repair (AIR). The combined businesses meet all OEM requirements for servicing highly specialized pneumatic and fuel valves, starters, air cycle machines (ACMs), cooling turbines and pneumatic drive units (PDUs), submersible pumps, engine driven and boost pumps, APU controls and fuel controls. ATS already has a working relationship with TPS through its machine shop AIR.

Aside from the internal sharing of information, this acquisition will not immediately change operations of either company. Due to the fact that both companies operate privately, the purchase price was not disclosed.

About Aviation Technical Services

ATS has been providing maintenance, repair and overhaul (MRO) services for commercial and military aircraft for more than 45 years. Today, ATS is home to more than 1,500 employees who work together to support a global customer base across three major business platforms: Airframe Services; Components Services; Engineering Services. ATS is headquartered in Everett, Wash., and has expanded operations to Moses Lake, Wash., Kansas City, Mo., and Fort Worth, Texas. As one company that holds ATS FAA Class IV and EASA 145 certifications, ATS is able to work on virtually any transport aircraft in the world. In 2016, ATS was named Aviation Week’s MRO of the Year. For more information, visit atsmro.com.

About Texas Pneumatic Systems Inc.

Texas Pneumatic Systems, Inc. is a Federal Aviation Administration (FAA) repair station established in 1994, when the founders recognized an opportunity to deliver three distinct benefits – superior quality, quick turn-around and cost-effectiveness. In 1999, TPS expanded its capabilities to include Turbine Fuel Systems. In 2015, they acquired Aviation Industry Repair, expanding their machining repair capabilities. Today, they meet all OEM requirements for testing pneumatic and fuel valves, restarters, air cycle machines (ACMs), cooling turbines and pneumatic drive units (PDUs), submersible pumps, engine-driven and boost pumps, auxiliary power units (APUs) and fuel controls. More information is available at txps.com.