News, appointments, promotions for March 2026

VSE to acquire Precision Aviation Group

Aviation aftermarket distribution and repair services provider VSE Corp. is acquiring Precision Aviation Group Inc. (PAG), a portfolio company of GenNx360 Capital Partners, for approximately $2.025 billion – $1.75 billion in cash and approximately $275 million of equity consideration.

Founded in 1996 and headquartered in Atlanta, Georgia, PAG is a global provider of aviation maintenance, repair, and overhaul (MRO) services, distribution, and supply chain solutions serving commercial, business and general aviation, rotorcraft, and defense end markets. PAG operates 29 locations worldwide, employs more than 1,000 people, serves more than 10,000 customers globally, and completes more than 175,000 repairs annually.

The acquisition is expected to significantly expand VSE’s scale and enhance its engine and component service capabilities across the aviation aftermarket, while maintaining a focused strategy centered on high-value, high-margin, mission-critical, and differentiated services. VSE and PAG plan to create a more diversified, globally scaled aviation aftermarket platform with broader technical capabilities and an expanded portfolio of proprietary repair and solutions content designed to strengthen customer support, extend asset life, and reduce total cost of ownership. The combined company is expected to operate 60 locations worldwide. https://www.gennx360.com; https://www.precisionaviationgroup.com; https://vsecorp.com

Appointments, promotions, and hires

Optical Gaging Products (OGP), a division of Quality Vision International Inc. (QVI), appointed Panos T. Angelopoulos president, Global Sales, succeeding R. Stephen Flynn, who is retiring after 31 years with the company. Angelopoulos brings more than three decades of experience in executive leadership roles within industrial and commercial manufacturing environments. https://www.ogpnet.com

Romi BW Machine Tools appointed Cristiano Rodrigues de Fraga as GM for the United States and Canada. He’ll be responsible for leading market development, customer relationships, and the continued consolidation of Romi’s presence in the region. He brings more than 25 years of experience in the manufacturing and machine tool industry. https://www.romiusa.com

Retired U.S. Air Force Col. Michael Press, a military aviator and aerospace executive, has joined Spike Aerospace’s executive team. His career includes senior leadership roles at Eclipse Aerospace, Northrop Grumman, and more than two decades of distinguished military service, including to help establish the U.S. Air Force’s advanced fighter tactics program flying adversary aircraft to support tactics development and training. Press will assist Spike Aerospace’s efforts to advance development of its supersonic business jet, the Spike S-512 Diplomat. https://www.spikeaerospace.com

Ascential Technologies, a provider of automated diagnostic, inspection, assembly, and test systems and services, hired Alex Herrera as regional director of Aerospace & Industrials in the Americas. Most recently, he served as director of services for TRUMPF North America, where he was responsible for laser technology and additive manufacturing. https://www.ascentialtech.com