Exacta Aerospace Sold to Precision Castparts

Exacta Aerospace, a privately held, family-owned Wichita, Kan., supplier to the aerospace industry, has a new owner.

 

Precision Castparts Corp., a publicly traded maker of metal components and products that is based in Portland, Ore., bought the company earlier this month, a Precision Castparts company spokesman confirmed to a Witchita Eagle reporter last week. The acquisition has not been publicly announced.

 

Exacta builds components, sheet-metal details, kits and assemblies for the commercial, military and business jet markets. Its current employees number about 250.

 

Precision Castparts produces commercial and airframe aerostructures and complex structural investment castings, airfoil castings, forged components and fasteners for the aerospace industry. It employs 27,550 people in 151 locations.