PRV Aerospace acquires Arden Engineering Inc.

Posted by Courtney E. Howard

EVERETT, Wash., 27 Dec. 2010. PRV Aerospace LLC has acquired Arden Engineering Inc. in partnership with senior management of the company. Arden, located in Orange, Calif., is a manufacturer of large, complex, precision-machined components and assemblies for the commercial and military aerospace industries.

"The capabilities of Arden, its platform positions, and its strong presence in the military-aerospace market fit well with our existing businesses and overall strategic direction," says Richard Wood, CEO of PRV Aerospace. "We look forward to partnering with the Arden management team and employees to build on the company's excellent reputation and to further expand the range of products and services we offer to our customers."

"We are pleased to continue to support PRV Aerospace's organic growth and complementary acquisitions," says Greg Sissel, managing director of Platte River Ventures. "PRV Aerospace is fulfilling its strategic goal of becoming a critical supplier to the world's leading aerospace and defense companies."

Senior debt financing for the transaction was provided by Bank of America Merrill Lynch, Fifth Third Bank, and Columbia Bank. Stifel Nicolaus Weisel acted as exclusive financial advisor to Arden.

Military & Aerospace Photos

Most Popular Articles
Wire News provided by   

social activity


Meeting the Gen3 backplane challenge with OpenVPX and COTS

Tight Pentagon budgets mean military systems must stay in the field for longer than ever before. This doesn't mean obsolete technology, however. Today's military electronics are being upgraded constantly, an...
Sponsored by:

Design Strategy Considerations for DO-178C Certified Multi-core Systems

Join Wind River to learn how system architecture and design choices can minimize your DO-178C certification challenges.

Sponsored by:

Flying, Sailing or Driving - The Rugged, Embedded Intel-based Server that goes where you need it!Flying Sailing or Driving

Leveraging the power of server-class processors is no longer relegated to the confines of data centers. Through several innovations, Mercury Systems has ruggedized Intel’s server-class chips for deployment. ...
Sponsored by:

All Access Sponsors

Mil & Aero Magazine

February 2015
Volume 26, Issue 2

Download Our Apps




Follow Us On...


Military & Aerospace Electronics

Weekly newsletter covering technical content, breaking news and product information

Cyber Security

Monthly newsletter covering cyber warfare, cyber security, information warfare, and information security technologies, products, contracts, and procurement opportunities

Defense Executive

Monthly newsletter covering business news and strategic insights for executive managers

Electronic Warfare

Quarterly newsletter covering technologies and applications in electronic warfare, cyber warfare, optical warfare, and spectrum warfare.

Embedded Computing Report

Monthly newsletter covering news on embedded computing in aerospace, defense and industrial-rugged applications

Unmanned Vehicles

Monthly newsletter covering news updates for designers of unmanned vehicles