What Aviation Component Solutions does

Aviation Component Solutions (ACS) is a privately held, family-owned aerospace components manufacturer headquartered in Cleveland, Ohio, specializing in FAA Parts Manufacturer Approval (PMA)-certified replacement parts for commercial and military aircraft. The company's core competency is the reverse engineering of legacy and discontinued aircraft components—a capability refined since World War II at Thompson Products Tapco Plant and continued through subsequent corporate iterations including TRW Power Accessories Division and Argo-Tech. ACS produces precision fasteners, fuel pump components, fluid systems, and hydraulic components, serving primary customer segments of commercial airlines, MRO (Maintenance, Repair, Overhaul) providers, US Military/Defense, and Latin American aviation operators.

ACS generates revenue primarily through the sale of FAA PMA-approved aerospace components via a hybrid go-to-market model. Enterprise field sales is led by seven regional sales directors covering Eastern USA, Western USA, Latin America, Europe/Middle East & Africa, China, Asia-Pacific, and US Military, supported by an inside sales supervisor and a B2C e-commerce platform (commerce.acs-parts.com). Pricing is quote-based, determined by component type, certification requirements, quantity, and customer relationship. The company maintains an active portfolio of FAA PMA approvals, with new approvals issued periodically to expand the regulated parts catalog.

The business is privately held under second-generation Lipscomb family leadership, with no external institutional investors or public market listing. Marketing is conducted through industry events including MRO Americas, MRO Asia-Pacific, MRO Europe, and MARPA conferences, supplemented by industry association memberships (MARPA, The145.com). Revenue, headcount, and financial performance are not publicly disclosed, and the company operates with no documented funding rounds, acquisitions, or material restructuring events since its 2001 founding.

Name

Aviation Component Solutions

Legal name

Aviation Component Solutions

Website

https://acs-parts.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Aviation Component Solutions is a privately held, family-owned FAA PMA-certified aerospace components manufacturer headquartered in Cleveland, Ohio. It reverse-engineers legacy and discontinued aircraft parts—precision fasteners, fuel pumps, fluid systems, and hydraulic components—for commercial airlines, MRO providers, and military operators globally.

Ownership category

akta.pro rank

Product category

Aerospace Components Manufacturing

NAICS

Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413), Aerospace Product and Parts Manufacturing (33641)

SIC

Aircraft Parts & Auxiliary Equipment, Nec (3728), Aircraft Engines & Engine Parts (3724)

akta.pro primary industry

Component MRO (LRU/Rotables, Hydraulics, Pneumatics) (IMABALAD)

akta.pro secondary industries

Parts Distribution & Spares Management (Aftermarket) (IMABALAK), Component MRO (Avionics, Hydraulics, Pneumatics, Electrical) (TLAKAJAC), Aerospace Actuation, Hydraulics & Pneumatics Components (IMABANAC), Aviation MRO Parts & Consumables Distribution (TLAKAOAI)

Keywords

• Aviation parts manufacturing
• FAA PMA components
• Aerospace fasteners
• Aircraft fuel systems
• Reverse engineering aviation

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Aerospace Component Sales: ACS generates revenue through the sale of FAA PMA-approved aerospace components, including precision fasteners, fluid systems, fuel pumps, and hydraulic components. Sales are conducted through direct enterprise sales (regional directors), inside sales, and B2C e-commerce. The company maintains an 'Our Parts' catalog accessible at commerce.acs-parts.com.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Aviation Component Solutions (ACS) manufactures and sells FAA Parts Manufacturer Approval (PMA) certified aerospace components, specializing in reverse-engineered replacement parts for legacy and discontinued aircraft. The product portfolio includes precision fasteners, fuel pump and fluid system components, and hydraulic parts serving commercial airlines, MRO providers, and US military customers.

Product overview

Aviation Component Solutions (ACS) operates as an aerospace components provider offering a portfolio of FAA Parts Manufacturer Approval (PMA) certified aviation components. The company specializes in reverse engineering services as its core capability, enabling the production of aircraft replacement components. Its product line includes precision fasteners (with heritage dating to the 1900s), fuel pump and fluid system components (inherited from Argo-Tech), and various other reverse-engineered aerospace parts. ACS maintains distribution through global regional sales directors covering Eastern/Western USA, Latin America, Europe/Middle East/Africa, China, and Asia-Pacific markets.

Differentiator

Problem solved

Functional benefit

Products and services

• FAA PMA Approved Aviation Components A portfolio of aircraft components manufactured under FAA Parts Manufacturer Approval (PMA), including reverse-engineered replacement parts for various aerospace applications. Sold to commercial airlines, MRO providers, and military customers globally through enterprise field sales and an e-commerce storefront.
• Reverse Engineering Services Service involving the reverse engineering of aircraft components, a practice dating back to World War II operations at the Thompson Products Tapco Plant, enabling the creation of FAA-approved replacement parts for legacy and discontinued OEM items.
• Fuel Pump Components Aerospace fuel pump components and fluid systems, originating from Argo-Tech heritage, serving both military and commercial aviation sectors.
• Precision Fasteners Precision-engineered fasteners for aerospace applications, with origins tracing back to the early 1900s as Cleveland Cap Screw Company, serving early aviation and broader aerospace industries.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Oppland AirminorStrategic or Co-development PartnerOppland Air is mentioned in association with the MARPA PMA Seminar China event (September), suggesting a collaborative relationship for hosting industry events in the China region.

Scale indicators2 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• HEICO Corporation: HEICO is the largest independent FAA PMA parts manufacturer in the aerospace industry, with thousands of PMA approvals and a portfolio of specialized aviation brands. Directly comparable to ACS in the FAA PMA replacement parts business, but at vastly greater scale and with broader product coverage.
• TransDigm Group: TransDigm owns numerous aerospace component subsidiaries including PMA-focused businesses (e.g., AeroControlex, Champion Aerospace) and serves commercial, military, and business aviation markets. Comparable to ACS as a major holder of PMA-approved aerospace components across multiple categories.
• Triumph Group: Triumph Group is a major aerospace component manufacturer and MRO provider with capabilities spanning hydraulic systems, fuel systems, and structural components. Comparable to ACS in fluid engineering and aerospace component manufacturing, with heritage from legacy aerospace companies.

Direct peers

• AAR CORP: AAR provides aviation aftermarket parts distribution and MRO services globally, supplying parts to airlines, MROs, and defense operators. Comparable to ACS in serving commercial aviation and military customers with certified replacement components, though at much larger scale.
• Precision Aviation Group (PAG): PAG provides MRO services and aviation parts support across avionics, hydraulics, and components for commercial and military operators. Comparable to ACS in serving MROs and operators with certified replacement parts, though PAG is more service-oriented while ACS is more manufacturing-focused.
• EPCOR (Engineered Propulsion Systems / Aviation Parts): EPCOR is a PMA-focused aviation parts manufacturer specializing in pneumatic and fuel system components. Directly comparable to ACS in the FAA PMA parts business, with a similar focus on reverse-engineered and replacement components for legacy aircraft.
• Av-Déc (formerly Avdec): Av-Déc is an FAA PMA manufacturer specializing in aircraft cabin and safety components, including seats and emergency equipment. Comparable to ACS as a smaller, FAA PMA-certified aerospace component manufacturer focused on replacement parts.
• Pattonair: Pattonair is a global provider of aerospace fasteners, fluid systems, and component parts to aerospace OEMs and airlines. Comparable to ACS in aerospace fasteners and components, though Pattonair is more OEM-focused and recently acquired by senior management from Wesco/Anixter.
• NASCOM (Trakka Corp) / Nasco Aviation: Nasco Aviation is a distributor and supplier of aerospace and defense aircraft parts, components, and accessories. Comparable to ACS as a smaller aerospace parts distributor and supplier focused on commercial and military aviation replacement parts.

Regional players

• Magnetic MRO (Magnetic Group): Magnetic MRO is a European-based MRO provider serving commercial, regional, and business aviation with parts and maintenance services. Comparable to ACS as a regional MRO parts and services provider, though primarily serving European customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles26 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 Aviation Component Solutions