MRO & Manufacturing
Novaria Group Acquires Precision Aero to Enhance Aerospace Safety Components
Novaria Group acquires Precision Aero’s fusible plug business, strengthening aerospace safety and supply chain resilience in the US aerospace sector.
On July 16, 2025, Novaria Group announced the acquisition of the aerospace fusible plug business from Precision Products Machining Group (PPMG), specifically through the purchase of its subsidiary, Precision Aero Corp (PAC). This transaction marks another step in Novaria’s ongoing strategy to consolidate critical aerospace component Manufacturers under its umbrella, reinforcing its role in the global aerospace supply chain.
Fusible plugs may not be widely known outside of aerospace engineering circles, but they play a pivotal role in Safety systems. With this acquisition, Novaria gains access to PAC’s proprietary manufacturing processes and specialized product lines, which are essential to the safe operation of aircraft wheel and brake systems. The move also reflects broader trends in aerospace Mergers and acquisitions (M&A), where companies are seeking to secure technology-driven, safety-critical assets.
As the aerospace industry continues to evolve with new technologies and increasing regulatory demands, the acquisition of PAC positions Novaria to better serve both commercial and defense aviation markets. The deal also ensures continuity for PAC’s operations, retaining its leadership and facilities in Troy, Ohio.
Fusible plugs are small yet critical components designed to prevent overpressure scenarios in aircraft systems. Typically made from brass or bronze and filled with a low-melting-point alloy, these plugs are engineered to melt under specific thermal conditions, releasing pressure in systems like aircraft wheels during high-temperature events such as emergency braking.
The activation temperature of these plugs is precisely calibrated, ranging from 281°F to 430°F, to ensure they only engage under extreme conditions. This thermal activation mechanism helps avoid catastrophic failures such as tire explosions or hydraulic system ruptures, making them indispensable in both commercial and military aviation.
Precision Aero has built its reputation on delivering these components with high reliability. The company employs ISO-certified processes and advanced testing methods, including differential scanning calorimetry, to ensure each plug meets strict performance standards. These capabilities have made PAC a trusted supplier for major aerospace OEMs and defense contractors.
“Fusible plugs are a silent guardian in aircraft safety, triggering only when needed, but critical to avoiding disaster.” – Aerospace Engineer, Skybrary
Founded as a specialized division within PPMG, PAC has focused exclusively on developing and manufacturing safety-critical aftermarket components. Its core offerings include fusible plugs for aircraft wheels and brakes, which are used globally across commercial and military platforms.
PAC’s client base includes Tier 1 aerospace suppliers and maintenance, repair, and overhaul (MRO) providers. Its products are integrated into aircraft systems where tolerance for failure is virtually zero. The company’s expertise in metallurgy and high-precision machining has made it a go-to provider for components that demand both performance and compliance with stringent aviation regulations. By maintaining its operations in Troy, Ohio, and retaining existing leadership, PAC ensures that its customer relationships and production capabilities remain uninterrupted post-acquisition. This continuity is critical in an industry where qualification cycles for safety components can span years.
While the financial terms of the deal have not been disclosed, the acquisition aligns closely with Novaria’s strategy of acquiring niche manufacturers of mission-critical aerospace components. PAC will continue to operate under its current leadership and location, preserving its operational momentum and customer commitments.
According to Bryan Perkins, CEO of Novaria Group, “PAC’s technical expertise and proprietary products enhance our ability to serve key customers and expand our portfolio of safety-critical components.” This statement underscores Novaria’s emphasis on integrating high-value technologies into its broader manufacturing ecosystem.
Donald Brown, CEO of PPMG, expressed confidence in the transition, stating, “Novaria is well-equipped to take the company forward, and we’re confident PAC’s customers will benefit from this next chapter.” Such endorsements suggest a mutually beneficial transaction focused on long-term growth and customer satisfaction.
Novaria Group has a history of acquiring companies that complement its existing capabilities in aerospace fasteners, seals, connectors, and structural components. The addition of fusible plug technology rounds out its offerings in thermal and pressure management, an area of growing importance as aircraft systems become more integrated and complex.
Fusible plugs, while small, are vital to maintaining aircraft safety. Their inclusion in Novaria’s portfolio allows the company to offer more comprehensive solutions to OEMs and MROs, potentially bundling components and services for greater value.
This acquisition also strengthens Novaria’s position in the defense sector, where demand for certified, reliable components is increasing amid global geopolitical tensions and aging military fleets.
The aerospace and defense sector has seen a notable increase in M&A activity over the past year. According to Capstone Partners, the sector experienced a 15% year-over-year increase in deal volume in 2024, outpacing broader market trends. This surge is driven by a need for vertical integration, Supply-Chain resilience, and access to proprietary technologies. Private equity firms and strategic buyers alike are targeting companies with strong IP and niche capabilities. Safety-critical component manufacturers, like PAC, are particularly attractive due to their high barriers to entry and consistent demand.
Valuation multiples for such companies have risen, with some deals reaching EBITDA multiples above 13x. This reflects investor confidence in the long-term value of aerospace safety solutions, especially as regulatory scrutiny and fleet modernization efforts intensify.
Several factors are contributing to the growing demand for fusible plugs and similar thermal-relief components. First, global aircraft deliveries continue to rise, with an 8% year-over-year increase reported in 2024. Second, many existing fleets are aging, requiring more frequent MRO interventions and component replacements.
Regulatory agencies like the FAA and DoD are also mandating enhanced safety systems in next-generation aircraft. These include stricter requirements for thermal and pressure management, creating a steady demand for certified fusible plugs.
As aircraft systems become more electrified and automated, the need for passive safety components, those that function without electronic input, will likely grow. Fusible plugs fit this profile, offering a fail-safe mechanism that requires no sensors or software to activate.
“In an era of digital complexity, passive safety components like fusible plugs offer simplicity and reliability that software cannot replicate.” – Deloitte Aerospace Outlook
Novaria Group’s acquisition of Precision Aero Corp represents a calculated move to strengthen its portfolio of safety-critical aerospace components. By integrating PAC’s specialized fusible plug technology, Novaria enhances its ability to deliver comprehensive, high-reliability solutions to aerospace OEMs and defense contractors.
The transaction also reflects broader trends in aerospace M&A, where consolidation and specialization are reshaping the supply chain. As the industry continues to evolve, companies like Novaria that invest in niche, high-value technologies will be well-positioned to support the next generation of aircraft and aerospace systems.
What are fusible plugs used for in aircraft? Why did Novaria acquire Precision Aero Corp? Will PAC continue to operate independently?
Novaria Group’s Strategic Acquisition of Precision Aero: Strengthening Aerospace Safety and Supply Chain Resilience
Understanding the Technical and Strategic Value
Fusible Plugs and Their Aerospace Importance
Precision Aero’s Market Footprint
Deal Mechanics and Strategic Implications
Acquisition Details and Leadership Statements
Strategic Fit within Novaria’s Portfolio
Broader Industry Context and Market Trends
M&A Activity in Aerospace and Defense
Fusible Plug Market Drivers
Conclusion
FAQ
Fusible plugs are thermal relief devices used to prevent overpressure in aircraft systems, particularly in wheels and brakes. They melt at specific temperatures to release pressure safely.
The acquisition aligns with Novaria’s strategy to expand its portfolio of safety-critical components and enhance supply chain resilience in the aerospace sector.
Yes, PAC will retain its leadership and continue operations at its Troy, Ohio facility under Novaria’s ownership.
Sources
Photo Credit: Montage