World Aviation Corp

What World Aviation Corp does

World Aviation Corp, operating commercially as Precision Rewind Services (PRS), is a Canadian aviation Maintenance, Repair, and Overhaul (MRO) provider specializing in the rewind and repair of rotary and static electrical generator sub-components for fixed-wing, rotor-wing, business, military, and defense aircraft. The company is structured as a subsidiary of Precision Aviation Group (PAG), which is headquartered in Atlanta, GA; PRS operates from a single production facility at 45 Corstate Ave, Concord, Ontario. Core technical capabilities include rewind services for AC stators, AC rotors, DC stators, DC armatures, and roundwire components in gauge sizes 12–38, supported by specialty coil manufacturing, precision machining (cutting, milling, boring, tapping, turning, grinding), brazing via a proprietary brazing machine, nickel/cadmium/copper plating to AMS 2451, MIL-STD-865C and MIL-STD-2197 standards, precision balancing, and overspeed testing up to 45,000 RPM. PRS holds a Transport Canada Design Approval Representative (DAR) engineering authorization enabling CAD-based reverse-engineering of generator subcomponents and the publication of approved rewind/repair manuals, and operates a "3 pairs of eyes" inspection policy (technician, supervisor, QC) tracked through a computerized production control database.

PRS generates revenue through three streams: (1) professional services for MRO rewind and repair of customer-owned components, (2) an exchange inventory program supplying pre-rewound certified units at no extra exchange fee to compress turnaround, and (3) sales of new OEM components from authorized manufacturers including Crane (Adel), Skurka Aerospace (APC), Thales (Auxilec), Honeywell (Bendix/Allied Signal), Dyna-Air, Smiths Aerospace, Safran (Goodrich/TRW/LSI/Lucas), Monogram, and Bombardier (De-Havilland). Customer concentration is spread across military operators (F-14, F-16, F-18, F-5, Canadian Buffalo and Cobra helicopters), commercial operators (Airbus A320/A330, Boeing series, ATR 42), regional jet operators, business jet operators (Falcon Jet), and rotorcraft operators (Bell, Sikorsky). The go-to-market is enterprise field sales with 24/7/365 AOG support, direct customer relationships, and global supply chain reach, anchored by FAA, EASA, Transport Canada, ANAC, and CASA repair station certifications. Pricing is not publicly disclosed and is quoted on a per-engagement basis.

Name

World Aviation Corp

Legal name

Precision Rewind Services

Website

https://world-aviation.ca

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

World Aviation Corp, operating as Precision Rewind Services, is a Canadian aviation MRO provider specializing in rewind and repair of rotary and static electrical generator sub-components for commercial, business, military, and defense aircraft operators globally. It operates as a subsidiary of Precision Aviation Group.

Ownership category

akta.pro rank

Product category

Aviation MRO Services

NAICS

Electronic and Precision Equipment Repair and Maintenance (811210), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413), Aerospace Product and Parts Manufacturing (33641)

SIC

Aircraft Parts & Auxiliary Equipment, Nec (3728)

akta.pro primary industry

Avionics & Electronics Repair (Bench Repair) (IMABALAE)

akta.pro secondary industries

Modification, Retrofit & Engineering (STC, Avionics Upgrades, Conversions) (TLAKAJAI), Military Aircraft MRO & Depot Maintenance (IMABALAN)

Keywords

• Aviation MRO services
• Generator rewinding repair
• Aircraft component overhaul
• Aircraft parts exchange
• Precision electrical rewind

Headquarters

HQ city

Concord

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. MRO Services (Rewind and Repair): Precision Rewind Services generates revenue through repair and rewind services for rotary and static electrical generator sub-components, including AC Stators, AC Rotors, DC Stators, DC Armatures, and specialty coils. Services include quality control, engineering, plating, grinding, machining, brazing, balancing, and overspeed testing.
2. Parts Exchange Program: Exchange inventory program providing rewound and certified components in stock for exchange at no extra charge to maximize efficiency and reduce turnaround time for customers.
3. New Components Sales: Sales of new OEM components including but not limited to Crane (Adel), Skurka Aerospace (APC), Thales (Auxilec), Honeywell (Bendix, Allied Signal), Dyna-Air, Smiths Aerospace, Safran (Goodrich/TRW/LSI/Lucas), Monogram, and Bombardier (De-Havilland) products.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

World Aviation Corp performs repairs and modifications to electrical generator and motor sub-components for commercial, business, military, and defense aircraft operators. The company delivers precision rewind, repair, and reconditioning of rotary and static (air and oil-cooled) generator sub-components including AC Stators, AC Rotors, DC Stators, DC Armatures, and specialty coils, supported by an exchange inventory program and 24/7/365 AOG support.

Product overview

Precision Aviation Group (PAG) is an aviation MRO (Maintenance, Repair, Overhaul) services company offering a comprehensive portfolio of services through its divisions. The core offering is Precision Rewind Services (PRS), specializing in the rewind and repair of rotary and static electrical generator sub-components for fixed-wing, rotor-wing, business, military, and defense aircraft. PRS provides specialized services including AC/DC stator and rotor rewinding, roundwire services, coil manufacturing, quality control, reverse engineering, precision machining, plating, brazing, balancing, and overspeed testing. The company operates an exchange inventory program for reduced turnaround time and is supported by subsidiary Aero Component Support, Inc. (ACSI) for expanded parts support.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision Rewind Services (PRS)

Quantifiable outcome

• Reduced turnaround time through exchange inventory program
• +1 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Aero Component Support, Inc. (ACSI)coreStrategic or Co-development PartnerListed on ILS and Parts Base, ACSI carries massive inventory of civil and military aircraft products including DHC-5, DHC-6, B737, B747, B757, B767. ACSI provides Hydraulic, Rotable Electric, and Support Division services with purchasing and sub-contracting capabilities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• AAR Corp: Large-scale aerospace aftermarket platform with parts distribution and component MRO across multiple component classes including electrical. Comparable in serving commercial and military operators with aviation MRO but at significantly greater scale and breadth.
• Precision Aviation Group (PAG): Parent organization providing aviation MRO across avionics, components, distribution, engines, and manufacturing/DER services. Comparable as the broader platform of which PRS is the rewind/repair division, with overlapping certifications and customer base.
• Crane Aerospace & Electronics: Aerospace OEM and MRO provider for electrical power, sensing, and utility systems. Directly comparable as both a partner and competitor for generator and electrical component MRO, with broader product portfolio.
• Safran Electrical & Power: Major aerospace electrical systems OEM with extensive authorized service network. Comparable to PRS as a generator and electrical component MRO provider, though at OEM scale with captive service channel advantages.
• Honeywell Aerospace: OEM of Bendix/Allied Signal generators and other aerospace electrical systems with in-house MRO. Listed as both a partner (components serviced) and a structural competitive threat to PRS in the third-party repair channel.
• HEICO Corporation: Aerospace parts and MRO specialist with FAA-approved repair stations for electrical, avionics, and electronic components. Comparable as a third-party aviation MRO that competes for the same outsourced component overhaul work PRS targets.
• TransDigm Group: Aerospace component holding company with proprietary parts and MRO services across electrical, mechanical, and avionics categories. Comparable as a consolidator whose subsidiaries compete in the same aftermarket electrical component space.

Direct peers

• Barfield Inc. Aviation MRO specialist focused on avionics, electrical, and instrument component repair. Directly comparable to PRS in serving commercial and regional operators with bench-level electrical/electronic component overhaul and similar international regulatory approvals.
• Avtron Aerospace: Specialized aviation MRO focused on electrical accessories, generators, and power conversion equipment. Comparable to PRS in targeting narrow electrical component repair with FAA/EASA approvals and exchange-pool service models.
• STS Aviation Group: Multi-division aviation MRO services provider including component repair and AOG support. Comparable to PRS in serving enterprise commercial and military operators with component-level repair and exchange programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about World Aviation Corp