Klx Aerospace Solutions

Klx Aerospace Solutions
Klx Aerospace Solutions Image link: https://commons.wikimedia.org/wiki/File:The_UQ_Racing_Formula_SAE_Team,_2017_car_launch_01.jpg
C O N T E N T S:

KEY TOPICS

  • Miami, FL As the world?s leading distributor of aerospace fasteners and consumables, KLX Aerospace Solutions ($1.3B in revenues) stocks more than 825,000 part numbers.(More…)
  • The combination of Aviall and KLX Aerospace facilitates the broadest scope of parts and products to support all customer fleet types for the commercial, military and defense and business and general aviation markets,” stated Amin Khoury, KLX chairman and CEO. (More…)
  • The combination of Aviall and KLX Aerospace facilitates the broadest scope of parts and products to support all customer fleet types for the commercial, military and defense and business and general aviation markets,” KLX Chairman and CEO Amin Khoury said.(More…)

POSSIBLY USEFUL

  • KLX helps all market segments and has specific services and solutions for Airlines, MROs, Commercial, Business Jet and Military OEMs to reduce on-hand inventory, increase part availability, streamline vendor relationships and rationalize supply chains so they can focus on building aircraft and keeping aircraft flying.(More…)

RANKED SELECTED SOURCES

KEY TOPICS

Miami, FL As the world?s leading distributor of aerospace fasteners and consumables, KLX Aerospace Solutions ($1.3B in revenues) stocks more than 825,000 part numbers. [1] As the world?s leading distributor of aerospace fasteners and consumables, KLX Aerospace Solutions ($1.3B. 30 days ago – save job – more. [1]

Aircraft services company KLX Aerospace Solutions will soon be landing at its new headquarters in Hialeah Gardens. [2] “Acquiring the laboratory operations of John Hassall will allow KLX to better support the entire Engine manufacturing market.” said John Cuomo, Group Vice President and General Manager for KLX Aerospace Solutions. [3] Miami, FL Manage all KLX Aerospace Solutions job descriptions. [1]

KLX Aerospace Solutions — which stocks more than 1 million part numbers for original equipment manufacturers (OEMs), maintenance, repair and overhaul (MRO) companies and airlines — is the world?s leading distributor and value-added service provider of aerospace fasteners and consumables. [4] KLX Aerospace Solutions is the world’s premier provider of fasteners, chemicals, tools, lighting, metal products and composites – and the logistical solutions that help you manage your supply chain more efficiently. [5] If you?re interested in joining a stable and fast-growing company that encourages professional advancement, fosters teamwork and rewards ingenuity, then KLX Aerospace Solutions is the solution for you. [6] The combination of Aviall and KLX Aerospace facilitates the broadest scope of parts and products to support all customer fleet types for the commercial, military and defense and business and general aviation markets,” said Amin Khoury, KLX Chairman and CEO. “This business combination will enable us to deliver industry-leading value-added service solutions for our customers, and outstanding growth opportunities for our suppliers.” [7]

Grand Prairie, TX Support KLX Aerospace Solutions? Global Compliance Team in the maintenance of it Safety Data Sheet, End User Statement and Technical Data Sheet databases,. [1] Miami, FL Create a roadmap that leads the KLX Aerospace organization from current state to industry leadership in ecommerce. [1]

The Aerospace Solutions Group is a leading distributor and value-added service provider of aerospace fasteners and consumables offering the broadest range of aerospace hardware and consumables and inventory management services worldwide. [8] HILLIARD, Ohio (November 15, 2017) — VARGO , a leading provider of material-handling system integration, warehouse execution software and equipment solutions for major fulfillment and distribution centers, announced that KLX Inc.?s Aerospace Solutions Group has selected VARGO to design the company?s distribution hub at its new global headquarters in Miami. [4] KLX Inc.’ s Aerospace Solutions Group employees and operations will be integrated with Aviall. [7] The acquisition will include KLX Inc.’ s Aerospace Solutions Group, and is conditional upon the successful divestment and separation of KLX Inc.’ s Energy Services Group. [7]

Along with its Miami headquarters, KLX Aerospace Solutions Group maintains customer service centers in more than 15 countries. [9] KLX Aerospace Solutions is the world’s leading distributor of aerospace fasteners and consumables and full-service provider of inventory management solutions for the commercial, business jet, and military markets worldwide. [10] KLX Inc. is the world’s leading provider of aerospace fasteners, consumables, and logistics services as KLX Aerospace Solutions. [11]

Warehouse Clerk KLX Aerospace Solutions 2 reviews – Boothwyn, PA KLX Aerospace Solutions 2 reviews Read what people are saying about working here. [12] KLX is also a supplier of chemical composites, broadening the scope of Aviall offerings.With approximately 2,000 employees, KLX?s Aerospace Solutions Group is headquartered in Miami, Florida, with customer service centers located in more than 15 countries. [13]

With headquarters and a primary distribution facility located in Miami, Florida, KLX Aerospace Solutions? global presence consists of more than 1.5 million square feet in more than 60 locations with 2,200+ employees worldwide. [5] The Aerospace Solutions Group has approximately 2,000 employees with customer-service centers in about 15 countries. [14] SAN DIEGO, May 1, 2018 /PRNewswire/ — Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of KLX Ltd. (NASDAQ : KLXI ) (“KLX”) breached their fiduciary duties in connection with the proposed sale of its Aerospace Solutions Group business to The Boeing Company (“Boeing”). [15] Under the terms of the agreement, KLX will sell the Aerospace Solutions Group to Boeing for $63.00 per share in cash. [15] The deal calls for the operations and 2,000 employees of KLX’s Aerospace Solutions Group to fully integrate with those of Aviall, providing what Boeing calls a clear path for the business to accelerate growth. [9] The all-cash transaction, which includes $1 billion in debt, includes KLX’s Aerospace Solutions Group and remains conditional on KLX’s successful divestment of its Energy Services Group. [9]

This dramatic brand campaign for KLX Aerospace Solutions demonstrates how one of the world?s leading suppliers of aerospace products is part of something bigger. [16] Klx Aerospace Solutions Defense has approximately 13 employees at this location. [17] Klx Aerospace Solutions Defense is located in Kent, Washington. [17] Klx Aerospace Solutions Defense employs approximately 13 people at this branch location. [17] The website (URL) for Klx Aerospace Solutions Defense is www.herndonproducts.com. [17]

KLX Inc. is the “world’s leading provider” of aerospace fasteners, consumables, and logistics services, operating as KLX Aerospace Solutions. [18]

The combination of Aviall and KLX Aerospace facilitates the broadest scope of parts and products to support all customer fleet types for the commercial, military and defense and business and general aviation markets,” stated Amin Khoury, KLX chairman and CEO. [19] Jack Ortman, Managing Director at KLX Aerospace, talks about the value and synergies of the Riverbed portfolio. [11]

Boeing said it will integrate KLX?s aerospace solutions group with Aviall and operate it as part of global services business upon the closure of the deal, which is contingent upon the sale and separation of KLX?s energy services group. [20] The acquisition includes KLX?s Aerospace Solutions Group and is conditional upon divestment and separation of KLX?s Energy Services Group. [13]

Boeing announced May 1 that it has struck a $4.25 billion deal to acquire Miami-headquartered aircraft parts distribution, composites and aftermarket supplier KLX Inc.’ s Aerospace Solutions Group, marking a further move into the value chain. [21] “KLX Inc.’ s Aerospace Solutions Group employees and operations will be integrated with Aviall, providing a clear path for the business to accelerate growth. [21] The Boeing Company ( BA ) has acquired KLX?s Aerospace Solutions Group ( KLXI ) for $4.25B including debt and dividend to KLXE. Investors of KLX are disappointed with the bid and we think, at first sight, this feeling might be justified. [22] Given that KLX presents it Aerospace Solutions Group as “world leading?, it gives the impression that the company should get some good money for it from Boeing. [22]

KLX Aerospace Solutions Group which chose Miami to be its global headquarters, has more than 1 million items in inventory, ships between 6,000 to 8,000 worldwide packages to customers every day. [23] According to its website, KLX Aerospace Solutions is the world’s leading distributor of aerospace fasteners and consumables and full-service provider of inventory management solutions for the commercial, business jet, and military markets worldwide. [24] Representatives from KLX were present at the meeting to make the announcement and to welcome THG Corporation as the most recent acquisition by KLX. Mr. John Cuomo, Group VP and General Manager, KLX Aerospace Solutions, addressed the THG Corporation employees and made a presentation about what was expected as a result of the acquisition. [24] KLX AEROSPACE SOLUTIONS GROUP Expanding its global headquarters and distribution hub in Miami-Dade and Broward counties with 100+ jobs. [25]

The combination of Aviall and KLX Aerospace facilitates the broadest scope of parts and products to support all customer fleet types for the commercial, military and defense and business and general aviation markets,” KLX Chairman and CEO Amin Khoury said. [21] The Aerospace Solutions Group is a leading distributor and value added service provider of aerospace fasteners and consumables offering the broadest range of aerospace hardware and consumables and inventory management services worldwide. [26] On a consolidated basis, revenues increased 18.4 percent to $442.2 million, driven by an approximate 5.5 percent increase in Aerospace Solutions Group (“ASG”) revenues and an approximate 116.1 percent increase in Energy Services Group (“ESG”) revenues. [26] The Company incurred approximately $6.2 million of one-time costs primarily associated with the process being conducted by the Board to review strategic alternatives, the transition to the Aerospace Solutions Group?s new global distribution and operations center and a restructuring of the Eagle Ford Geo Region, which was the Energy Services Group?s only unprofitable region. [26]

The deal requires KLX to sell off its Energy Services Group that B/E acquired before spinning off KLX. The Aerospace Solutions revenue was $1.4 billion for fiscal 2017. [27] Last month, Boeing announced that it had entered a definitive agreement to acquire major independent aerospace parts provider KLX Inc. The $4.25 billion, all-cash deal includes KLX’s Aerospace Solutions Group and is conditional upon the successful divestment and separation of KLX’s Energy Services Group. [28] The aircraft maker will pay $63 per share for the purchase that includes KLX’s Aerospace Solutions Group and the deal is conditional upon the successful divestment and separation of KLX’s Energy Services Group, Boeing said in a statement. [29]

KLX’s Aerospace Solutions Group has appoximately 2,000 employees with customer service centers located in about 15 countries. [29] KLX’s Aerospace Solutions Group FY2017 revenue was $1.4 billion. [28]

POSSIBLY USEFUL

KLX helps all market segments and has specific services and solutions for Airlines, MROs, Commercial, Business Jet and Military OEMs to reduce on-hand inventory, increase part availability, streamline vendor relationships and rationalize supply chains so they can focus on building aircraft and keeping aircraft flying. [30] KLX Inc., through its two operating segments, provides mission critical products and complex logistical solutions to support its customers? high value assets. [8]

Northborough, MA Work with KLX sales, product and marketing managers to effectively understand, identify and meet their Aerospace customer requirements for Parker Seals. [1] Bryan Perkins, CEO of Novaria Group, said, “This transaction and strategic partnership deepens Novaria?s exposure to a multitude of aerospace programs, while providing KLX greater sourcing optionality and access to Novaria?s proprietary suite of products and capabilities. [8]

This allows KLX to ensure the highest level of product quality with the flexibility to assist our customers with new part approval from our global supplier base. [8] As the industry?s premier stocking distributor with over 1 million part numbers on hand and zero tolerance for quality defects, KLX has more ways to help customers succeed than any other supplier of consumables and expendables. [30]

As part of the laboratory sale to KLX, both parties have formed a strategic partnership, wherein KLX has exclusivity on certain product lines manufactured by Novaria, as well as production capacity and preferred pricing for certain products and programs. [8] The distribution center is part of Flagler’s Countyline Corporate Park, where KLX will be an anchor tenant by the first quarter of 2019. [2] Through the years, many great names have become part of KLX history. [30] KLX was on the fast track to becoming the world?s premier parts distributor. [30] KLX offers unrivaled delivery speed for industry standard parts: Others have to source the parts first — we already have them in stock and ready to ship. [30]

These newly acquired capabilities will allow KLX to provide the additional required testing to support the strict quality requirements of this customer base. [8] KLX serves its customers in demanding environments that face high cost of downtime and require dependable, high quality just-in-time customer support. [8] KLX has an on-time delivery rate of over 96% to transactional customers — and over 99% to contract customers — for the more than 1 million bins and kits that we manage around the globe. [30]

Boeing Co. recently announced it plans acquire KLX for $4.25 billion. [2] John Cuomo, Vice President and General Manager of KLX, shared some insights about his company with Insights Success. [30] KLX Inc. (“KLX” or the “Company”) KLXI, -0.03% a leading distributor and value-added service provider of aerospace fasteners and consumables, has announced that it is acquiring the assets of John Hassall, LLC?s laboratory operations. [8] KLX Inc ( KLXI -0.2% ) announced acquiring the Laboratory Controlled at Source lab assets and expert technical personnel of John Hassall, LLC?s laboratory operations. [3]

Specifically, KLX will be acquiring the Laboratory Controlled at Source (LCS) lab assets and expert technical personnel associated with managing the lab. [8] Please contact your KLX sales representative for further assistance. [31]

A few of the names people may remember include M & M Aerospace Hardware, Honeywell Consumables Solutions and Interturbine. [30] To serve our customers better, we?ve actually reinvented the end-to-end aerospace supply chain for consumable and expendable products. [30]

Novaria Group is a diversified manufacturer of fasteners and critical components used exclusively in aerospace and military markets. [8] Novaria Group is a cohesive family of precision component subsidiaries that consistently delivers optimum performance and sustainable growth within the aerospace and defense marketplace. [8]

The company focuses on distribution, logistics and technical services for the aerospace and energy services markets. [2] I have always admired great companies and great ad campaigns and I thought aerospace should hear from a company with a distinct, powerful vision. [30]

We are not just a global parts distributor, but a solutions company that makes our customers? operations work like a fine Swiss watch. [30] We have proprietary services for planning, transitioning from current suppliers, technical solutions, kitting, 3PL and bin management. [30] Being a progress-driven platform, it focuses distinctively on emerging as well as leading companies, their reformative style of conducting business and ways of delivering effective and collaborative solutions to strengthen market share. [30] And, if we can identify another industry need in the future, we will find another solution and offer it to our customers. [30]

“VARGO will design, engineer and integrate fulfillment solutions for KLX within the new site, including conveyors, sorters and a three-level pick module,” said J. Michael Vargo, owner and president of VARGO . [4] KLX, which was spun out of B/E Aerospace in 2014 amid pressure from shareholder activists, generated about 90 percent of its $1.49 billion in sales from aircraft parts and aftermarket services in its most recent fiscal year. [14] Capabilities of KLX Inc. include global parts distribution, chemical composites and supply chain services for aerospace and defense industries worldwide. [7] KLX Inc. is a major independent provider of aviation parts and services in the aerospace industry. [7]

No one knows that better than KLX. As one of the largest stocking distributors in aerospace, we focus on the high-volume, low-cost side of the supply chain. [5]

“By combining the talent and product offerings of Aviall and KLX Inc., we will provide a one-stop-shop that will benefit our supply chain and our various customers in a meaningful way.” [7] KLX will become part of Boeing Global Services and will be fully integrated with the planemaker?s parts subsidiary, Aviall. [14] KLX Inc. will be part of Boeing Global Services and fully integrated with Aviall (Cincinnati, OH, US). [7]

Boeing (Chicago, IL, US) announced May 1 it has entered a definitive agreement to acquire KLX Inc. (Miami FL, US) to enhance its growing services business. [7] KLX announced plans last year to build new headquarters in Miami. [4]

KLX offers end-to-end services that reduce cost, risk and complexity. [4] “I am proud, and our VARGO team is excited, that KLX has entrusted us with the design and engineering of their new world-class distribution facility that will serve KLX customers all over the world.” [4] The rest of KLX?s revenue came from the operation catering to oil and gas drillers, which is to be spun off to shareholders as KLX Energy Services. [14] The facility will be designed with the possibility of COFE ?s functionality increasing as the KLX business continues to grow. [4] The world?s largest planemaker will buy aerospace-parts distributor KLX for $3.25 billion while also taking on about $1 billion of net debt. [14]

KLX Inc. is also a leading supplier of chemical composites, with this combination broadening the scope of what Aviall can offer to customers in this space. [7] The completion of the transaction is subject to customary conditions, including regulatory clearance and the approval by a majority of KLX Inc. shareholders. [7]

As the world?s leading distributor of consumables for aerospace business we realize that our employees are the key to our success. [6] The foray rattled aerospace suppliers and engine-makers, which typically make the bulk of their profit tending to aircraft over the 30 or more years the planes are flying. [14] “For every winner there is a loser, and for aerospace suppliers there will probably be fresh concern that this further increases Boeing?s purchasing power, and awareness of the economics in the aero aftermarket.” [14]

As part of the solution, VARGO will use its Continuous Order Fulfillment Engine (COFE ) to provide routing and basic warehouse control system functionality, when the facility goes live in 2018. [4] Tier3 provides Riverbed solutions as a managed service for KLX. [11]

Boeing (NYSE: BA) has agreed to purchase aviation parts and services provider KLX (Nasdaq: KLX) for approximately $3.2 billion cash in a move to grow its services business. [20] Under the terms of the contract, KLX will become part of Boeing Global Services and integrate with Boeing’s own Aviall parts business. [9] KLX will be part of Boeing Global Services and fully integrated with Aviall. [13] KLX Inc. will be incorporated as part of Boeing Global Services, and integrated with its Aviall subsidiary, a distributor of aviation parts and aftermarket supply-chain management services for the aerospace and defense sectors. [19] Boeing is acquiring global aerospace parts distributor KLX Inc. for $4.25 billion. [13]

Boeing moved to expand its burgeoning support division Friday with the decision to acquire major aviation parts supplier KLX in a deal worth $4.25 billion. [9]

“Our customers have long desired a supplier who could offer essentially 100 percent of their requirements for fasteners, consumables, and expendables,” said KLX chairman and CEO Amin Khoury. [9] KLX Inc., together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. [15] “By combining the talent and product offerings of Aviall and KLX Inc., we will provide a one-stop-shop that will benefit our supply chain and our various customers in a meaningful way,” Deal added. [20] The company also provides oilfield services and associated rental equipment across North America as KLX Energy Services. ? [11] KLX is the company airlines call when they?ve got a plane full of people sitting on the tarmac, unable to take off until a replacement part arrives. [11] With 110 global facilities (including 55 forward stock warehouses) and nearly 4,000 employees, KLX can deliver a replacement part in as little as 20 minutes. [11] Using insight from SteelCentral, KLX created a global network that relies on SteelHead and SteelFusion appliances and SteelHead SaaS to ensure data security and good application performance worldwide. [11] Kardex is centralized in a U.S. database and accessed over the WAN. Ortman worked with Riverbed partner, Tier3 Technologies, to create–from scratch–a global IT infrastructure that ensures good application performance over a WAN, even at KLX offices in remote areas of Australia, China and South Africa. [11]

“We have very short service level agreements (SLAs), anywhere from four hours to 20 minutes,” explains Jack Ortman, Managing Director, Infrastructure at KLX. “We have a whole program called AOG (aircraft on the ground) to respond as quickly as possible when an aircraft that should be flying is grounded because of parts.” [11] Boeing and KLX expect the sale to close by the third quarter of this year, following the clearance of customary conditions and regulatory hurdles and the approval by a majority of KLX shareholders. [9] The investigation concerns whether the KLX board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the sale and whether the board obtained the best price possible for KLX shareholders. [15] If you are a shareholder of KLX and believe the proposed sale price is too low or you’re interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ( [email protected] ) at 619-814-4471. [15]

On May 1, 2018, KLX announced that it had signed a definitive agreement with Boeing. [15] Boeing’s purchase agreement is conditioned on divestment of KLX Inc.’ s Energy Services Group. [19]

The Boeing Co. has an agreement to buy Miami-based KLX Inc. for a total of $4.25 billion, including $1 billion of acquired debt, which it indicated would enhance its growing services business. [19] Boeing noted the completion of the transaction is subject to customary conditions, including regulatory clearance and approval by a majority of KLX Inc. shareholders. [19]

The buyer noted that KLX Inc. also supplies chemical composites, which will expand the portfolio of Aviall customers. [19]

Boeing expects KLX’s position as a leading supplier of chemical composites to significantly broaden Aviall’s business scope. [9] Boeing expects KLX’s Miami facilities to remain the principal operating location. [9]

Boeing said Tuesday it will pay $63 per share in cash and assume $1 billion in net debt from the Wellington, Florida-based aerospace parts distributor as part of the deal. [20] AI has become important enough to be identified as a technology trend likely to disrupt business during the next three years and prompt aerospace and defense (A&D) executives to invest in it. [13] The Norwegian Defense Logistics Organization (NDLO) awarded IMP Aerospace a contract for maintenance of P-3 Orion maritime patrol aircraft operated by the Royal Norwegian Air Force (RNoAF). [13]

The JV combines Avionica?s suite of flight data management solutions, which includes Wi-Fi, cellular, and satellite connectivity, with GE Aviation?s analytics expertise and digital products in flight analytics, aircraft health management, and flight operations. [13] The combined solutions are available with existing certifications for more than 300 models of aircraft including Boeing, Airbus, Bombardier, Embraer, HondaJet, Cessna, and Thrush. [13]

NanMill offers a solution for manufacturers of small-size, miniature parts and compact components – suitable for Swiss machines and driven tool stations in lathes. [13] Tier3 chose SteelFusion, a converged Riverbed solution for the edge, because in addition to providing the WAN acceleration needed for strong application performance, the appliances also help ensure data security by centralizing 100% of company data in the datacenter. [11] Insight provided by Riverbed SteelCentral TM performance monitoring solutions, such as AppResponse, NetProfiler, NetShark and customized SteelScript TM Open APIs, played an important role here. [11]

Our systems support both internal distribution processes and part attributes, along with customer services, including Bin Management and Kitting solutions, which are unmatched in the industry. [22] We provide a broad range of solutions and equipment, which bring value-added resources to a new customer base, often in remote locations. [22] Boeing will be acquiring ASG for $63 per share in cash and assuming $995 million in debts including 50 million cash dividend to the Energy Solutions Group. [22]

Here’s the big news: KLX the aerospace company is selling itself to Boeing (yes, that Boeing) for $4.25 billion ($3.25 billion in cash and assuming $1 billion in debt). [18] Our ASG segment delivered solid revenue growth driven by a mid-single digit percentage increase in both commercial aerospace manufacturing and aftermarket revenues,” said Amin J. Khoury, Chairman and Chief Executive Officer of KLX. [26] The world’s largest planemaker will buy aerospace parts distributor KLX Inc. for $3.25 billion while also taking on about $1 billion of net debt. [32] WELLINGTON, Fla., March 06, 2018 (GLOBE NEWSWIRE) — KLX Inc. (the “Company”) (NASDAQ:KLXI), a leading distributor and value added service provider of aerospace fasteners and consumables, and a provider of services and products to the oil and gas exploration and production industry, today reported its fourth fiscal quarter and full fiscal year ended January 31, 2018 financial results. [26]

KLX employs approximately 2,000 staff and has customer service centers in more than 15 countries The company, which generated $1.4 billion revenue in 2017, will be integrated into Boeing Global Services. [21] KLX will become part of Boeing Global Services and will be fully integrated with the planemaker’s parts subsidiary, Aviall. [32] Boeing isn’t interested in the oilfield services business, so KLX Energy Services is being spun off into a standalone company. [18] While KLX fielded offers for the energy business, Khoury said they didn’t fully value a rebound underway at the division where revenue is growing rapidly, reversing years of decline. [32] “Ultimately, it became clear that the upside in the ESG business could best be captured by pursuing a spinoff of the business to existing KLX shareholders,” he said, referring to the energy division by an acronym. [32] Amin Khoury, who heads KLX and co-founded its predecessor with his brother Bob in 1987, will run the new energy company as chairman and CEO, he told analysts during a call Tuesday. [32] The company will pay $63 a share for KLX, financing the acquisition primarily through cash on hand. [32] The rest of KLX’s revenue came from the operation catering to oil and gas drillers, which is to be spun off to shareholders as KLX Energy Services. [32] The deal is conditional on the divestment and separation of KLX’s Energy Services Group, as well as regulatory clearances and KLX shareholder approval. [21] Little known fact: KLX also provides oilfield services and associated rental equipment across North America as KLX Energy Services. [18] KLX Energy Services comprises the seven companies that we have acquired in the energy services sector. [22]

Boeing is paying $63 per share for KLX and taking on $1 billion in net debt, totaling $4.25 billion. [21] In December, KLX announced it would be exploring opportunities to maximize value for shareholders. [22] By selling ASG, KLX is basically selling its money maker while spinning off the loss making entity to shareholders. [22]

Immediately before the end of the fourth quarter, KLX acquired two new product lines. [26] KLX fell 10 percent to $70.32 at 10:52 a.m. in New York after dropping as low as $70.15 for the biggest intraday decline in almost two years. [32]

The foray rattled aerospace suppliers and engine makers, which typically make the bulk of their profit tending to aircraft over the 30 or more years the planes are flying. [32] The increase in revenues was driven by an approximate 7 percent increase in sales to commercial aerospace manufacturing customers, partially offset by a double digit percentage decline in revenues from business jet manufacturing customers. [26] Revenues from both commercial aerospace manufacturing and aftermarket customers increased by approximately 6 percent. [26]

“For every winner there is a loser, and for aerospace suppliers there will probably be fresh concern that this further increases Boeing’s purchasing power, and awareness of the economics in the aero aftermarket. [32] Rockwell Collins Inc. acquired KLX’s former corporate parent, B/E Aerospace Inc., last year before agreeing to sell itself to United Technologies Corp. in one of the biggest-ever aerospace mergers. [32]

Detailed Sample Copy of Updated Analysis @ marketprognosis.com/sample-request/15686 Aerospace fasteners are broadly used in ballistic missiles, rockets, satellites, commercial aircraft, and military aircraft. [33] The market for aerospace fasteners is directly dependent on the number of aircraft manufactured, defense, and space exploration activities. [33] The introduction of composite materials to aircraft manufacturing, cost and availability of raw materials, and underdeveloped logistics, and supply chain are some of the restraints identified in the growth of the aerospace fasteners market. [33] Replacement of aging aircraft with next-generation aircraft is another factor fueling the aerospace fasteners market worldwide. [33]

The commercial aerospace fasteners market currently holds around 60% of the total market, and is expected to reach 62% during the forecast period. [33]

Boeing added that KLX’s composites capabilities will broaden Aviall’s product range. [21]

RANKED SELECTED SOURCES(33 source documents arranged by frequency of occurrence in the above report)

1. (14) KLX Aerospace solutions- Insights Success

2. (11) Customer Stories | KLX | Riverbed | Riverbed | US

3. (11) Boeing Extends Bet on Parts, Services in $3.25 Billion KLX Deal – Bloomberg

4. (11) KLX Aerospace Solutions Acquires John Hassall, LLC?s Laboratory Operations – MarketWatch

5. (10) Boeing to enhance services business with KLX Inc. acquisition : CompositesWorld

6. (9) Boeing to acquire KLX – Aerospace Manufacturing and Design

7. (9) Boeing To Buy Parts Supplier KLX for $4.25 billion | Air Transport News: Aviation International News

8. (8) Boeing Acquires KLX Aerospace. Trap For Shareholders? – AeroAnalysis

9. (8) https://www.cnbc.com/2018/03/06/globe-newswire-klx-inc-reports-financial-results-for-fourth-quarter-and-full-year-ended-january-31-2018-recognizes-43-million-non-cash-tax.html

10. (8) VARGO selected as partner for KLX Aerospace Solutions? relocated, expanded global headquarters – VARGO

11. (7) Boeing buys plane-parts supplier KLX in $4.25 billion deal | The Seattle Times

12. (7) Boeing To Acquire Aerospace Parts Firm KLX For $4.25 billion | MRO Network

13. (6) Klx Aerospace Solutions Jobs, Employment | Indeed.com

14. (6) KLX (KLXI) ALERT: Johnson Fistel Investigates Proposed Sale of KLX Inc. Aerospace Solutions Group; Is the Deal in the Best Interest of Shareholders?

15. (6) Buying KLX Means Expanded Parts, Service Business | Boeing | American Machinist

16. (5) Aerospace Fasteners Market 2018 Flourishes with International Prestigious Players | 3V Fasteners Company, Arconic, B&B Specialities, KLX Aerospace Solutions, LISI Aerospace, NAFCO – openPR

17. (4) Klx Aerospace Solutions Defense LLC in Kent, WA – (253) 437-0300

18. (4) KLX Splits in Two – Sells Aerospace to Boeing, OFS Spin-Off | | Marcellus Drilling News

19. (4) KLX Aerospace Solutions | Countyline Corporate Park

20. (4) Boeing Signs $3.2B Cash Deal for Aircraft Parts Maker KLX

21. (3) KLX Aerospace – Aerospace Tooling & Hardware – Chemicals – LED Lighting & electrical – Banyo , Queensland

22. (2) THG Corporation and All Subsidiaries Have Been Acquired by KLX Inc.

23. (2) Boeing to broaden its services portfolio

24. (2) Boeing Buys Plane Parts Supplier KLX | IndustryWeek

25. (2) KLX Aerospace Solutions acquires John Hassall laboratory operations – KLX Inc. (NASDAQ:KLXI) | Seeking Alpha

26. (2) Expired: Material Handler Dubai (m/f) in Dubai at KLX Aerospace Solutions – caf4731b6676cfdd274aa413975b5711b0f889d6 | Aviation Job Search

27. (1) Material Handler Dubai Career Opportunities – KLX Aerospace Solutions | UAE Jobline – Jobs in Dubai, Abu Dhabi – United Arab Emirates (UAE)

28. (1) Klx Aerospace Solutions: Warehouse Clerk | WayUp

29. (1) KLX Aerospace – Part of Something Bigger – O2KL Work

30. (1) Miami Aviation Culture: Historical Roots Meet Modern Innovations

31. (1) Aviation & Aerospace | Targeted Industry Sectors – Florida Trend

32. (1) The Briefcase: Innovation quarter parking deck open for business | Business News | journalnow.com

33. (1) KLX Aerospace Solutions