Boeing Completes Acquisition of Leading Aerospace Parts Distributor KLX Inc. to Enhance Growing Serv
Boeing announced it has completed its acquisition of KLX Aerospace Solutions.
KLX is a major global provider of aviation parts and services in the aerospace industry. Its capabilities include distribution and supply chain services. KLX currently markets and distributes products for approximately 2,400 manufacturers and offers approximately 1 million catalog items.
“This acquisition brings together the talent and product offerings of Boeing and KLX to provide a one-stop shop that will allow us to create significant value for our customers. There are also extensive opportunities for services growth and innovation for Boeing and our supply chain that is unique to the industry,” said Stan Deal, president and CEO of Boeing Global Services. “The resulting boost in supply chain capability will allow us to better serve our customers while profitably and purposefully growing our business.”
With approximately 2,000 employees, KLX Aerospace Solutions will continue to operate from Miami with customer service centers located in more than 15 countries.