Aero Precision Industries and Dermond Defense & Aerospace Form Strategic Alliance
LIVERMORE, CA and MILWAUKEE, WI (July 15, 2008) -- Aero Precision Industries (API), the premier worldwide stocking distributor of aircraft OEM parts, announced today that it has entered into a strategic alliance with Dermond Defense & Aerospace (DDA).
The strategic alliance combines the strengths of two high-performing companies and individuals to enhance worldwide support in the defense and aerospace market.
“The synergies between the companies ensure our customers have access to what they need when they need it,” said Evren Ergin, CEO for API. “We are expanding the company’s geographic reach, product diversification and growing through new activities in addition to distributing military OEM parts.”
“We are pleased with this partnership because it combines API’s vast knowledge and capability in the international military markets (F16, F5, C130) with DDA’s customer relationships and business expertise,” said Eric Dermond, CEO for DDA . “It’s a win for our customers, our OEM’s and for our organizations.” Eric Dermond was the founder of Derco Aerospace, which was sold to Sikorsky Aircraft in 2002.
ABOUT API
API is the premier worldwide stocking distributor of aircraft OEM parts. With 15 years of reliability, quality products and customer service, API facilitates the purchasing process for military aircraft repair parts and services. Established in 1993, the company is located in Livermore, California with a presence in 45 countries around the world. API is an established leader in the supply of Original Equipment Manufacturers (OEM) systems and aftermarket spares to a variety of customers worldwide. To learn more about API visit www.apiinc.net or call Ertugrul Turhal, VP Tech Sales & Business Development at 925-579-5324.
ABOUT DDA
Milwaukee-based Dermond Defense & Aerospace (DDA) was founded in 2007 by Eric Dermond, Max Dermond, and Stephane Dermond and is comprised of a team of professionals with over 50 years of extensive experience in providing logistical support to the Aerospace and Defense industries. DDA is dedicated to customer service excellence by providing the military, commercial, aerospace and defense market with only the highest quality military parts and support services. To learn more about DDA call Sarah Zweifel, Public Relations Manager at 414-272-2274.
Aero Precision cordially invites you to visit our booth at Farnborough Air Show July 14 – 18, 2008 located in USA Pavilion, Hall 4, Stand C11e.