What Happened
Aircraft Parts Specialist Expands Aftermarket Services
Ontic, a specialist in aircraft parts and services, has opened a dedicated component maintenance facility in the United Kingdom as part of a $30 million global maintenance, repair, and overhaul (MRO) investment. The 72,000-ft.² facility in Tewkesbury, England, received a $15 million investment, which includes $11 million for the facility and $4 million for test equipment upgrades. Ontic aims to improve aftermarket service and win repair work back from third-party providers. The investment was reported by Aviation Week.