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Sun, Jan 08, 2023

Blackhawk Aerospace Acquired by New State Aviation

Turboprop Modification Specialist Joins the NS Aviation Fold, Will Remain Independent

New State Aviation Holdings (NS Aviation) has acquired Blackhawk Aerospace, adding it to the firm's anchor aviation investment AVEX.

Avex maintains its focus as a sales and maintenance provider for the lineup of Daher TBM turboprops, which was acquired in December 2021. AVEX and Blackhawk will continue to function independently, while lending their expertise to expand NS Aviation's offerings. Blackhawk's management will remain, though additional details have not yet been disclosed. 

Blackhawk's Waco, Texas home will remain the core of the company's operations, with 60 employees helping to provide engine upgrades for a variety of turboprop aircraft. The company, formed in 1999 as Blackhawk Modifications, Inc., marking nearly a quarter century in operation today. While its divisions for government support, maintenance, avionics, and aircraft sales were included in the NS Aviation sale, Blackhawk's composites business was not. Blackhawk Composites will remain independent. 

"This transformative acquisition more than doubles the size of our business and allows us to expand aircraft platforms serviced," said Chad Cundiff, CEO of New State Aviation Holdings. "AVEX is a market leader in sales, brokerage and maintenance of the Daher TBM, and Blackhawk is the market leader in turboprop engine upgrades. Together, they will allow New State Aviation Holdings to offer a broader suite of services and meet more needs of light turbine aircraft owners, across a variety of aircraft manufacturers."

"We are very excited to join New State Aviation Holdings and partner with the folks at AVEX," said Blackhawk CEO Jim Allmon. "Our family of companies shares a singular focus: to increase an aircraft's capabilities to unrivaled heights while maintaining the highest level of safety possible. We look forward to working with Chad and the rest of the New State Aviation team to further expand our services."

"We are thrilled to have Blackhawk join our platform," added Daniel Han, Senior Principal at New State and Chairman of New State Aviation Holdings. "As the market leader in engine upgrades and STC development, Blackhawk represents a significant step towards our goal of being the premier service provider for the light turbine market. More importantly, the outstanding reputation and culture of Blackhawk, focused on people and customers first, will mesh seamlessly with that of AVEX. We believe this combination will build on the strengths at AVEX, expand our capabilities and enable us to provide the highest levels of service, quality and expertise in general aviation."

FMI: www.blackhawk.aero

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