5.1.3.1Vertical

Aerostructures & Fuselage Assemblies

Manufacturers of aircraft structural assemblies and fuselage sections.

Market snapshot

These figures describe Aerospace Structures & Components (5.1.3), the segment that Aerostructures & Fuselage Assemblies sits within. They are not figures for Aerostructures & Fuselage Assemblies on its own.

Market size
~$34B
Growth
~-0.7%CAGR (2017–22, nominal)
Companies
~726 firms
Firms by employee count

55.6% of firms have fewer than 20 employees: 404 micro-businesses, below most mandates.

The investable universe322 firms with 20+ employees
20–99
17855%
100–499
7624%
500+
6821%

growth tracks the 2017–22 commercial-production downturn.

NAICS 336413. U.S. Census Bureau, 2022 Statistics of U.S. Businesses; U.S. Census Bureau, 2022 Economic Census.

Business model & economics

Revenue model

Structural-component and assembly sales to OEMs

Key economics

Revenue per firm
$46,674,986
Revenue per employee
$335,230
Employees per firm
132.4
Recurring revenue
Moderate

production-rate-driven, with aftermarket

EBITDA margin
Production-rate- and program-driven
Capex intensity
High

Characteristics

  • Scale-driven: payroll is only 24% of revenue, so the cost base is assets, not headcount
  • Moderate strategic-buyer pool: 68 firms exceed 500 employees, so a scaled asset has buyers, but not many
  • Tier-1/2 suppliers tracking aircraft production rates.
  • Supplier base stressed by the downturn.
  • Composites and advanced structures a growth area.

NAICS 336413. U.S. Census Bureau, 2022 Statistics of U.S. Businesses; U.S. Census Bureau, 2022 Economic Census.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Tier-1 aerospace suppliers
  • PE-backed supply-chain consolidators
  • OEMs rationalizing the supply chain

What’s driving deals

  • Supply-chain consolidation and rationalization.
  • Production-rate recovery.
  • Composites and advanced-structures growth.

Find Aerostructures & Fuselage Assemblies acquisition targets

Search Acquisera’s index for companies classified under Aerostructures & Fuselage Assemblies (5.1.3.1) and build a targeted deal pipeline.

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