What Omega Air Refueling Services does

Omega Aerial Refueling Services, Inc. (OARS), operating as Omega Air Refueling Services, is the world's only commercial provider of contracted air-to-air refueling services to military customers. Founded in 2000 by Ulick and Desmond McEvaddy and incorporated in 2004 in Alexandria, Virginia, the company operates as a NAVAIRSYSCOM PMA-226 prime contractor providing both probe-and-drogue and boom refueling to the U.S. Navy, Marine Corps, Air Force, Air National Guard, JSOC, and allied foreign militaries through Foreign Military Sales channels.

The core asset base is a fleet of six owned tanker aircraft (four currently active) in three configurations: KC-707 centerline probe-and-drogue tankers; KDC-10A/MPTT with two Eaton 909E wing pods allowing simultaneous two-aircraft probe-and-drogue refueling; and KDC-10B boom tankers with USAF KC-10-style booms controlled via a Remote Aerial Refueling Operator (RARO) station. Supporting the fleet are FAA Level C (Las Vegas) and Level D (Dallas, built by CAE) full-motion simulators and a 24/7 communication system plus a proprietary maintenance trend analysis program. Each aircraft is capable of more than 1,200 flight hours per year, and since 2000 the company has completed 10,500+ missions, offloaded 370M+ lbs of fuel, achieved a 96% mission completion rate, and earned certifications to refuel V-22, F-35B/C, E-2D, X-47B UCAS, and boom-capable Navy aircraft including P-8 Poseidon.

The business model is managed-services contracting under a NAVAIR prime contract, in which the U.S. Navy and Marine Corps are charged under the NAVAIRSYSCOM flying-hour program with fuel as a pass-through at government fuel prices; USAF, ANG, JSOC, allied, and commercial customers may procure through the Navy contract or independent contracts. Pricing is not publicly disclosed. The company is privately held by the McEvaddy brothers through an affiliated entity, Omega Air, Inc., which owns the aircraft; no institutional, PE, or VC investment is disclosed, and operations are supported by an in-house maintenance subsidiary at San Antonio, Texas.

Name

Omega Air Refueling Services

Legal name

Omega Aerial Refueling Services, Inc.

Website

https://omegaairrefueling.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Omega Air Refueling Services is the world's only commercial provider of contracted air-to-air refueling for military customers, operating KC-707 and KDC-10 tanker aircraft under a NAVAIR prime contract to serve the U.S. Navy, Marine Corps, Air Force, and allied foreign militaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Alexandria

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contracted Aerial Refueling Services: Omega provides air-to-air refueling under government contracts administered by NAVAIR. U.S. Navy and Marine Corps costs are covered under the NAVAIRSYSCOM flying hour program with no direct charge to military units. Fuel offloaded is charged as a pass-through cost at government fuel prices. Support to other branches and allied nations may be via independent contracts.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Omega Air Refueling Services, Inc. (OARS) provides contracted air-to-air refueling services to the U.S. Navy, Marine Corps, Air Force, Air National Guard, JSOC, and allied foreign militaries. The company operates a fleet of modified KC-707, KDC-10A/MPTT, and KDC-10B tanker aircraft delivering probe/drogue, multi-point, and boom refueling under NAVAIR PMA-226 contracts and Foreign Military Sales agreements. It also provides mission planning and flight simulator training support tied to its refueling operations.

Product overview

Omega Aerial Refueling Services (OARS) operates as a contracted commercial air-to-air refueling service provider, offering a fleet of four active tanker aircraft in three configurations: KC-707 (probe and drogue centerline), KDC-10A/MPTT (probe and drogue wing pods), and KDC-10B (boom-equipped). The core service offering is aerial refueling support enabling military aircraft to remain airborne longer and extend range. Supporting the tankers are two proprietary flight simulators (B-707 Level C and KDC-10 Level D) and pre-mission planning services. The fleet can service both probe and boom receiver aircraft, and has been certified to refuel F-35, V-22, X-47B UCAS, and E-2D aircraft, among others.

Differentiator

Problem solved

Functional benefit

Products and services

• Aerial Refueling Services Contracted aerial refueling of military fixed-wing aircraft in support of operational, training, and exercise missions worldwide, provided to U.S. military services and allied nations.
• KC-707 Tanker KC-707 tanker configuration offering air-to-air refueling of probe/drogue-equipped military aircraft such as Navy/Marine fixed-wing jets.
• KDC-10A/MPTT Tanker Multi-role KDC-10A tanker fitted with the Multi-Point Refueling System, enabling refueling of probe/drogue-equipped receivers alongside its primary boom role.
• KDC-10B Boom Tanker KDC-10B boom-equipped tanker configured for air-to-air boom refueling of U.S. Air Force and allied boom-receiver aircraft.
• Pre-Mission Planning Services Pre-mission planning support that coordinates tanker sortie planning, rendezvous geometry, and integration with customer mission timelines for contracted refueling operations.
• Flight Simulator Training Full-motion B-707 and KDC-10 flight simulator training supporting OARS aircrew qualification and mission readiness for contracted refueling operations.

Quantifiable outcome

• 96% mission completion rate demonstrates exceptional reliability
• +6 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Royal Netherlands Air Force (RNLAF)coreOthers · 4 November 2019Omega acquired two former Royal Netherlands Air Force KDC-10 aircraft. First aircraft delivered November 4, 2019; second delivered in November 2021. These boom-equipped aircraft enable Omega to refuel USAF and other boom-capable aircraft, potentially every operative type in U.S. military inventory.
• BAE Systems and TRACORcoreStrategic or Co-development Partner · 1 January 1999Omega worked with BAE Systems and TRACOR in 1999 to convert a former Pan Am Airlines B-707-300 into the world's first commercial air refueling tanker. The modified aircraft flew for the first time in 1999.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Draken International: Provides contracted military aviation services including adversary air training for DoD and allied forces, operating a large fleet of ex-military fighter aircraft. Closest comparable in business model: a small fleet of specialized ex-military aircraft leased commercially to government customers for training and operational support.
• Flight International: Aviation services company that was historically Omega's U.S. Navy subcontractor (2001-2006) before Omega became a prime. Directly comparable in providing contract aviation services to DoD with a similar customer base.

Broad incumbents

• Curtiss-Wright Corporation: Defense industrial company providing engineered products, systems, and MRO services for naval, aerospace, and ground platforms. Comparable as a public defense services supplier with government aviation exposure, though Omega is purely a service operator.
• L3Harris Technologies: Large defense prime with substantial aviation training, missionization, and ISR services businesses. Comparable in scale of military aviation services contracting; operates much more broadly than Omega's specialized tanker niche.
• Vertex Aerospace: Provides aviation training, ISR, and maintenance services primarily to DoD. Comparable as a private equity-backed defense aviation services platform serving similar government customers with contract-based aviation support.
• AAR Corp: Public defense and government aviation services company providing MRO, parts, and integrated aviation solutions to the U.S. military and allied governments. Comparable in serving DoD aviation service demand at scale, though Omega is more specialized in tanker operations.

Others

• PHI Aviation: Vertically integrated helicopter operator providing transportation services to offshore energy and government customers. Comparable in operating specialized commercial aviation assets under contract for industrial/government clients.
• Field Aerospace: Provides aircraft modification, avionics upgrades, and aviation services to military, commercial, and special mission operators. Comparable in working on legacy tanker/transport platforms (including KC-135 work) and supporting specialized government aviation missions.
• Bristow Group: Global helicopter services provider to offshore energy and government customers, operating contracted aviation services under similar commercial-utility models. Comparable in operating contracted aviation services for specialized industrial customers, but in vertical-lift rather than fixed-wing tankers.

Emerging players

• Air T Inc: Provides aviation support services including aircraft maintenance, ground equipment, and overnight air cargo. Comparable as a smaller publicly-traded aviation services company serving commercial and government customers, though Omega is more specialized.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/omegatanker
• Facebookfacebook.com/pages/Omega-Air-Refueling/622684031081741
• LinkedInlinkedin.com/company/omega-air-refueling-services-inc
• Instagraminstagram.com/omegaairrefueling/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Omega Air Refueling Services