Charlotte manufacturing exits

Aerospace & Defense Suppliers in Charlotte

AS9100, NADCAP, ITAR, and named program positions: the approval file is the asset a buyer is purchasing.

Charlotte Manufacturing Exits trust signals

What this service covers

Machining, fabrication, and special-process suppliers holding AS9100 registration and program-specific approvals, concentrated in Union County and around the Charlotte and Monroe airport corridors. Aerospace suppliers trade at the top of the manufacturing multiple range because the approvals take years to earn and cannot be bought any other way. The offsetting risk is concentration: a supplier whose revenue rides one platform is priced against that platform, and program life is the first thing a serious buyer models.

Typical pricing

Confidential valuation range at no cost to the owner

Built from three years of financials under a signed confidentiality agreement.

How buyers price it

The approval file is the company

In every other manufacturing sector the equipment list is the first thing a buyer reads. In aerospace it is the approval file. AS9100 registration, NADCAP approvals for special processes, customer-specific supplier approvals, and the first-article and corrective-action history behind them are what took years to build and what a buyer cannot replicate on any useful timeline. A shop with those approvals and older equipment will out-price a better-equipped shop without them, consistently.

The approvals do not transfer automatically, and pretending otherwise is how aerospace deals go wrong after closing. A change of control triggers notification and, in practice, re-approval by prime customers under the new entity documents, and ITAR registration requires its own notification to the Directorate of Defense Trade Controls. Buyers know this and will want the sequence agreed in the purchase agreement: who notifies whom, when, and what happens to the purchase price if a customer withholds re-approval. Sellers who have that mapped before diligence keep control of the schedule.

Concentration is the other half of the valuation. Aerospace supply is program-based by nature, so some concentration is structural rather than a management failure, but a supplier deriving most of its revenue from one platform is being priced against that platform's remaining production run and its rate. The most useful thing an owner can do before market is build an honest program schedule: platform, position, remaining life, rate history, and the competitive situation on each. It is a harder document to write than a sales forecast and a far more persuasive one.

Service area

Aerospace & Defense Suppliers is available across the Charlotte manufacturing region, from Hickory to Rock Hill. Per-suburb pages:

Authoritative sources

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Charlotte-region owners of $5M to $20M industrial companies get a confidential valuation range from a mid-market M&A advisor, at no cost. Mon-Fri 8am-6pm ET.

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