Mission equipment provider Dart Aerospace has acquired aircraft equipment manufacturer Paravion Technology and its MRO operation, Century Helicopters, in a deal that will expand Dart’s product offerings and STCs to more than 1,500. Montreal-based Dart didn’t disclose the financial terms of the transaction with Fort Collins, Colorado-based Paravion, which holds nearly 70 FAA certifications and more than 200 foreign validations that include EASA, Transport Canada, and FAA parts manufacturer approval for replacement parts.
Founded in 1985, Paravion’s fixed-wing and rotorcraft products include heating and air conditioning systems, camera-mount systems, and its proprietary Heliporter tug for helicopters. The acquisition “opens incredible opportunities to boost Paravion’s products and expand Dart’s leadership as a one-stop mission equipment supplier,” said Dart president and CEO Alain Madore.
With Century Helicopters, Dart also gains expertise in intelligence, surveillance, and reconnaissance (ISR) completions, a business segment Dart intends to grow. Century, which operates from 54,000 sq ft at three locations, also serves as a Bell and Robinson Helicopter customer service facility.
“This is an exciting time for Paravion and our customers,” said Paravion president and CEO Larry Hansen. “This blending of capabilities and products will provide increased support and opportunity to our current customers and, through Dart’s extensive network, bring Paravion products to a larger share of the market.”