Precision expands with acquisition of US-based Altech Aerospace
Altech is an engineering organisation that provides services to airlines, MROs and aircraft manufacturers worldwide.
November 1, 2016
By PLA Editor
Air & Cargo Services air cargo Air Cargo Asia air cargo freight Air Forwarding air freight Air Freight Asia Air Freight Logistics air freighter air freighting Air Logistics Asia Air Shipping Asia airlines cargo airways cargo Altech Aerospace asia cargo news cargo aviation Dany Daoust Gary Warner Precision Aircraft Solutions
Precision Aircraft Solutions announced today that it has reached a definitive agreement with Altech Aerospace of Portland, Oregon, to join forces in the aerospace industry. Altech will continue doing business under its brand name as a division of Precision.
“We are very pleased to welcome the Altech team into the Precision organisation,” said Precision president Gary Warner. “Altech brings with it strong and complementary engineering capabilities, and we are looking forward to the new opportunities that will surely result.”
Altech is an engineering organisation that provides services to airlines, MROs and aircraft manufacturers worldwide. Its engineering team includes structural and interior design engineers, composite design engineers and static and damage tolerance stress analysts. Founded in 2011, Altech has doubled its industry footprint every year since.
“With the rapid growth that both Precision and Altech are experiencing, it is the perfect time for Precision to have Altech join its organization, and for us to work together during this exciting time,” said Altech CEO and cofounder Dany Daoust.
Daoust has accepted the position of director of engineering at Precision and will focus on advancing both business lines in the aerospace industry.