Aircraft manufacturer LifePort has formally announced its acquisition of the advanced materials business unit from Aeromatrix Composites. LifePort, known for aerospace medical, specialty interiors and armor solutions, announced that it has acquired certain portions of Aeromatrix, including composite flat and formed panels, adhesives (ATR525, ATR1000 and ATR500), all ATR panel fasteners and attachments, as well as load component products.

"Expanding Our Established Position in the Growing Composites Market"

LifePort CEO Jason Darley noted that the next step is to execute a seamless integration, stating: "Aeromatrix has an exceptional reputation for customer service and quality products. We are excited to extend this reputation. This acquisition is aligned with our customer-focused approach and expands our established position in the growing composites market while providing our customers with new capabilities and services."

Delivering Lighter and Higher-Performance Products

The strategic acquisition strengthens LifePort's ability to provide next-generation advanced material solutions to aerospace and defense customers while pursuing its vertical integration initiatives. The expanded portfolio will deliver lighter and higher-performance products that can be manufactured rapidly. This combination not only expands the product range that LifePort offers, but also reduces supply chain risk by diversifying the supplier base and creating efficiencies that deliver added value to customers. Source: compositesworld.com