Posted March 10, 2023

Precision Aviation Group acquires PTB Group

Atlanta-based Precision Aviation Group, Inc. (PAG), a provider of products and value-added services to the aerospace and defense industries, has acquired PTB Group (PTB). 

PTB provides maintenance, repair and overhaul ("MRO") services for Pratt & Whitney PT6 and Honeywell TPE331 Engines, Aircraft/Engine Leasing and aircraft and engine related supply chain services.

"This acquisition expands PAG's Engine Services Division with the addition of PT6 and TPE331 engine services, and significantly enlarges our Supply Chain offerings. PTB is focused on providing exceptional customer service and exceeding customer expectations. We are most enthusiastic about this acquisition," said David Mast, president and CEO of PAG.

Stephen Smith, PTB's Chairman Emeritus said, "We are pleased to join PAG and know they are committed to the continued expansion of our products and services and ensuring continued opportunities for our international workforce. PAG has a shared vision with PTB, and I see an exciting future ahead."