Montana Aerospace

What Montana Aerospace does

Montana Aerospace AG is a Swiss-domiciled, vertically integrated manufacturer of complex structural components and assemblies for the aerospace industry. Headquartered in Reinach, Switzerland and listed on the SIX Swiss Exchange (ticker: AERO) since its May 2021 IPO, the company operates 16 manufacturing facilities across 10 countries in Europe, the Americas, and Asia with a global workforce of approximately 6,200-6,500. Following the 2024-2025 divestments of its E-Mobility and Energy segments, Montana Aerospace is a pure-play aerospace supplier serving major aircraft OEMs (Airbus, Boeing) and Tier-1 suppliers, with Lockheed Martin as a key defense customer via ASCO Industries and the F-35 program.

The company's product portfolio spans structural components for aircraft fuselage, wings, and landing gear (some exceeding 20 meters in length), high-lift mechanisms, critical engine components, and cabin interior parts, manufactured across aluminum, titanium, superalloys, special steels, and composites. Its vertically integrated "One-Stop-Shop" model spans melting and continuous casting, extrusion (7 press works, 25+ presses with up to 17,000 MT press force), stretch forming, CNC machining (300+ CNC machines), surface treatment, and final assembly. Proprietary technology includes patented aluminum alloys 2043 (aluminum-lithium) and 7136, plus near-net-shape manufacturing techniques that materially improve material yield. Core operating subsidiaries are ASCO Industries (high-lift structures and complex assemblies) and Universal Alloy Corporation / UAC (extrusions and structural assemblies), with Alpine Metal Tech providing special machines and automation solutions.

Montana Aerospace generates revenue through long-term, contractually negotiated supply agreements with major OEMs and Tier-1 suppliers. FY2025 reported net sales of EUR 979.3 million (+15.1% YoY) and adjusted EBITDA of EUR 161.3 million (margin 16.5%, +25.1% YoY), supported by contractually secured sales of approximately EUR 4.2 billion and an order backlog exceeding EUR 7 billion. The go-to-market is enterprise field sales direct to OEMs, anchored by AS9100 and NADCAP certifications, the Airbus SQIP accreditation (2024) and Best Performer Award (2025), and a "local-to-local" manufacturing footprint that shortens transport routes from 17,000 km to 2,000 km and reduces delivery times from 60 weeks to 10-12 weeks for customers.

Name

Montana Aerospace

Legal name

Montana Aerospace AG

Website

https://montana-aerospace.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Montana Aerospace AG is a Swiss-listed, vertically integrated manufacturer of complex structural components and assemblies for the aerospace industry, serving Airbus, Boeing, Lockheed Martin, and Tier-1 suppliers from 16 facilities in 10 countries.

Ownership category

akta.pro rank

Product category

Aerospace Structural Components

NAICS

Aerospace Product and Parts Manufacturing (3364), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)

SIC

Aircraft & Parts (3720), Aircraft Parts & Auxiliary Equipment, Nec (3728)

akta.pro primary industry

Structural Assemblies & Integration (Airframe Subassemblies) (IMABAEAD)

akta.pro secondary industries

Primary Airframe Structures (Fuselage, Wing, Empennage) (IMABAEAA), Aerospace Landing Gear Components & Subsystems (IMABANAK), Aerospace Interior Materials & Components (Cabin) (IMABANAI), Composite Structures & Layup Manufacturing (IMABAEAB)

Keywords

• Aerospace structural components
• Aerostructures manufacturing
• Aircraft aluminum alloys
• Aerospace component machining
• Aircraft assembly solutions

Headquarters

HQ city

Reinach

HQ country

Switzerland

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Aerospace Structural Components Manufacturing: Montana Aerospace generates revenue through the design, development, and manufacture of highly critical structural parts and assemblies for the aerospace industry. Revenue is driven by long-term customer contracts with major OEMs and Tier-1 suppliers, with contractually secured sales of approximately EUR 4.2 billion. The business model is characterized by high barriers to entry, long sales cycles, and multi-year contractual commitments.
2. Special Machines and Automation (Alpine Metal Tech): Alpine Metal Tech segment provides special machines and automation solutions for aerospace, automotive, railway, and steel industries. This includes machines for machining, production control/optimization, testing, handling, and surface inspection of aluminum wheels, as well as fire training simulators for civil and military airports.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Montana Aerospace is a vertically integrated manufacturer of highly critical structural components and complex assemblies for the aerospace industry, including structural parts for aircraft fuselage, wings, and landing gear exceeding 20 meters in length, engine components, high-lift mechanisms, and cabin interior functional components. Production spans the full value chain from raw material melting, casting, and extrusion through CNC machining, surface treatment, and final assembly using aluminum, titanium, superalloys, special steels, and composite materials at 16 manufacturing sites in 10 countries.

Product overview

Montana Aerospace is a vertically integrated pure-play aerospace company operating two main business segments: Aerostructures and Alpine Metal Tech. The Aerostructures segment (comprising ASCO Industries and Universal Alloy Corporation) focuses on design and manufacture of complex structural components and assemblies for aircraft fuselage, wings, landing gear, engines, and cabin interiors using aluminum, titanium, superalloys, special steels, and composite materials. The Alpine Metal Tech segment provides special machines and automation solutions for aerospace, automotive, railway, and steel industries. The company's proprietary One-Stop-Shop manufacturing concept integrates the entire value chain from raw material processing through final assembly at 16 manufacturing locations across 10 countries, enabling reduced supplier count, shortened transport routes, and CO2 footprint reduction of approximately 60% compared to conventional manufacturing concepts.

Differentiator

Problem solved

Functional benefit

Brands

• ASCO Industries: World-leading supplier of design and manufacture of high lift structures, complex mechanical assemblies, and major functional components for aerospace industry. Located in Europe, Canada, and USA.
• Universal Alloy Corporation (UAC)
• Alpine Metal Tech

Products and services

• Aerostructures Core business segment of Montana Aerospace focused on the development and manufacture of mission-critical aircraft structural components for fuselage, wings, and landing gear (20+ meters in length), critical engine components, high-lift mechanisms, and cabin interior functional components using aluminum, titanium, superalloys, special steels, and composite materials.
• ASCO Industries Wholly-owned subsidiary specializing in the design and manufacture of high-lift structures, complex mechanical assemblies, and major functional components for the aerospace industry, with expertise in titanium, superalloys, and composite materials. Approximately 1,100 employees across Belgium, Canada, and USA.
• Universal Alloy Corporation (UAC) Wholly-owned subsidiary and leading global manufacturer of structural components and assemblies for aerospace applications, specializing in complex extruded and processed components for wings and aircraft fuselages using aluminum, titanium, superalloys, special steels, and composites. Approximately 2,500 employees primarily in Asia.
• Alpine Metal Tech Wholly-owned subsidiary providing special machines and automation solutions for aerospace, automotive, railway, and steel industries, including machines for machining, production control and optimization, testing, handling, surface inspection of aluminum wheels, and fire training simulators for civil and military airports. Brands include NUMTEC, GEGA, KNORR, MAKRA, AMAKON, MAGNEMAG, SIMULATION, and INTERMATO. Approximately 530 employees.
• One-Stop-Shop Vertically Integrated Manufacturing Vertically integrated manufacturing model spanning from raw material processing (recycling, melting, continuous casting) through extrusion, stretch forming, CNC machining, surface treatment, painting, sub-assembly, and final assembly. Includes 4 continuous casting plants, 7 press lines with 25+ presses up to 17,000 MT press force, 300+ CNC machines, fully automated surface treatment lines, and assembly operations at 16 manufacturing locations in 10 countries.

Quantifiable outcome

• Supplier count reduced from 7 to 2 for customers
• +7 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• SABCAcoreStrategic or Co-development Partner · 4 June 2026SABCA is a Belgian aerospace company and partner in the BeLightning consortium with Asco Industries and Sonaca. The consortium completed and unveiled the first F-35A horizontal tail entirely manufactured in Belgium, representing Belgium's entry into the F-35 global supplier network.
• SonacacoreStrategic or Co-development Partner · 4 June 2026Sonaca is a Belgian aerospace company partnering with Asco Industries and SABCA in the BeLightning consortium for F-35 horizontal tail production. The consortium marks Belgium's entry into the F-35 global supplier network.
• Lockheed MartincoreChannel Partner/ Reseller/ DistributorLockheed Martin is the prime contractor for the F-35 program. Asco Industries has maintained a nearly two-decade collaboration with Lockheed Martin, which has now expanded into manufacturing the complete metallic structure of F-35 horizontal tails through the BeLightning consortium.

Scale indicators17 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Spirit AeroSystems: Major Tier-1 aerostructures manufacturer producing fuselage, wing, and propulsion structures for Airbus, Boeing and defense platforms. Closely comparable to Montana Aerospace given overlapping product scope (aerostructures assemblies) and shared OEM customer base.
• FACC AG: Austria-based aerostructures Tier-1 supplier of composite components, cabin interiors and wing structures. Highly comparable to Montana Aerospace given overlapping aerospace-component portfolio and shared relationships with Airbus and other OEMs.
• GKN Aerospace (Melrose Industries): Tier-1 supplier of aerostructures, engine components and transparencies. Comparable to Montana Aerospace across both structural assemblies and engine components, with similar customer profile across commercial and defense programs.
• Triumph Group: Aerospace structures, systems and aftermarket services provider. Direct peer to Montana Aerospace in complex structural assemblies, with overlap in commercial and defense end markets.
• Magellan Aerospace: Canadian manufacturer of aero structures, engine components and assemblies. Comparable to Montana Aerospace in structural components and assemblies, with similar tier-2 supplier role to major OEMs.
• Premium AEROTEC (AeroStructures): European aerostructures manufacturer focused on fuselage and wing components for Airbus and defense platforms. Highly comparable product portfolio to Montana Aerospace's structural assemblies business.
• Stelia Aerospace (Airbus Atlantic): Airbus-owned aerostructures manufacturer specializing in fuselage sections and complex assemblies. Directly comparable to Montana Aerospace's structural assemblies for commercial aviation platforms.
• SABCA: Belgian aerospace manufacturer of structural assemblies, actuators and landing gear components. Direct peer and active partner to Montana Aerospace's ASCO subsidiary in the BeLightning F-35 consortium.

Broad incumbents

• Senior plc: Diversified engineered components supplier with significant Aerospace & Defense division producing structures and fluid conveyance. Broader incumbent with overlapping structural components offering across multiple end markets including aerospace.
• Howmet Aerospace: Large-cap aerospace supplier of engine components, fastening systems, and structural parts. Comparable in aerospace structural and engine components, though operates at much larger scale with broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/montana-aerospace

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

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 Montana Aerospace