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Wesco Aircraft Holdings, Inc

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2019 10-K, filed Nov 26, 2019. Its latest SEC filing is a SC 13G/A from Feb 12, 2020.

The sections below describe the company as of the FY2019 annual report.

What Did They Do?

Distributes aerospace parts and manages supply chains for aircraft manufacturers, subcontractors, and aircraft maintenance providers.

How Did They Make Money?

Aerospace customers buy parts through supply-management contracts, negotiated price agreements, or individual orders; consigned inventory earns a fixed fee per unit shipped.

revenue

Who Were Their Customers?

Aircraft makers and subcontractors, government parts agencies and defense contractors, and aircraft maintenance providers and distributors buy parts through supply contracts, negotiated price agreements, or individual orders.

Customers above 10% of revenue, FY2019
of revenue from one customer

How Were They Changing?

Since the FY2019 annual report
  • Jan 9, 2020 Wesco was acquired and combined with Pattonair At closing, Wesco was combined with Pattonair and became privately held; its shares ceased trading on the NYSE.

Grew. Revenue grew 13% in 4 years, from $1.5B in to $1.7B in , about 3% a year.

Expanded service offer The latest report includes chemical management and outsourced logistics among its services, alongside distribution, quality checks, kitting and just-in-time supply management; the earlier report lists the other services but not these additions.

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