Senior Editor

Jerry Siebenmark

Private equity firm New State Aviation Holdings today announced the&nbsp;purchase of&nbsp;aircraft performance company Blackhawk Aerospace in a deal that complements its December 2021 <a href="https://www.ainonline.com/aviation-news/business-aviation/2021-12-27/daher-tbm-dealer-avex-acquired-private-equity-firm">acquisition</a> of TBM dealer Avex.&nbsp;Founded in 1999,&nbsp;Waco, Texas-headquartered&nbsp;Blackhawk develops engine upgrades for turboprop airplanes and provides aircraft modifications. It has more than 60 employees.
“This transformative acquisition more than doubles the size of our business and allows us to expand aircraft platforms serviced,” said New State Aviation <a href="https://www.ainonline.com/aviation-news/business-aviation/2022-02-16/new-state-capital-names-leadership-tbm-dealer-avex">CEO</a> Chad Cundiff. “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.”
Daniel Han, senior principal at New State Capital and chairman of New State Aviation, said the deal is “a significant step towards our goal of being the premier service provider for the light turbine market. 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.”

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

New State Aviation Acquires Blackhawk Aerospace

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2024 Corporate Aviation Leadership Summit

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News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

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Essential news and analysis on the defense aerospace business. Your trusted source for new and ongoing programs and requirements in military aircraft (manned and unmanned), engines, avionics, weapons and associated systems, including ground-based air defense.

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News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News about environmental issues relating to aircraft operations, including noise issues, emissisions, and regulations. See Fuel for biofuel.

News and issues relating to the aerospace industry that are related to the science, engineering and business of flight in space involving civil, industrial and military applications, and similar topics related to flight in the atmosphere of the Earth that are not covered more directly by other AINonline subject channels. In other words, both astronautical and aeronautical subjects, except for those aeronautical topics that are specifically covered elsewhere on this website.

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News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

News and information on safety procedures and concerns.

News and issues concerning general aviation, specifically airplanes and helicopters powered by piston and alternative engines (i.e., non-turbine powered aircraft). Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

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