Milling Precision Tool

What Milling Precision Tool does

Milling Precision Tool Corp. (MPTC) is a privately held aerospace precision machining company headquartered in Wichita, Kansas, founded in 1965. The company operates a single manufacturing facility at 4225 W 31st St S housing approximately 15 CNC machining centers from manufacturers including Mazak, Haas, Mori Seiki, Hardinge, Cincinnati Milacron, Fadal, LEADWELL, Chevalier, and Doosan. Its core offering is contract CNC high-speed machining services spanning 3, 4, and 5-axis configurations for hard and soft metals, with specialized capabilities in Beta Annealed Titanium 6AL-4V and cryogenic machining, complemented by small-part assembly and Model Based Definition engineering services.

The company serves a roster of named enterprise aerospace customers including Boeing, Spirit AeroSystems, Cessna (Textron Aviation, where it holds Center of Excellence designation), Lockheed Martin, Airbus (certified for Machining and Finished Holes), Triumph, LMI, and Cox. MPTC maintains AS9100 REV D quality certification and ITAR compliance, and operates within a B2B enterprise field sales motion driven by aerospace supply chain qualification rather than traditional marketing. Technology infrastructure includes Mastercam 2019 CAM programming, Vericut offline CNC simulation, and Faro Arm Platinum inspection paired with Verisurf X10 software for quality verification, supporting the company's reported 99.7% rolling three-month quality rating with customers.

The business model is contract manufacturing under direct purchase orders from aerospace OEMs and tier-1 suppliers, with quote-based pricing tied to part complexity, material, tolerances, and volume. The company is led by President Joe Scheer and operates without disclosed external investors, parent companies, or public funding. The customer base is concentrated in commercial and defense aerospace, and the company actively practices lean manufacturing disciplines (5S, SMED) with continuous improvement as a stated cultural pillar. Revenue figures, full headcount, and detailed financial performance are not publicly disclosed.

Name

Milling Precision Tool

Legal name

MILLING PRECISON TOOL, CORP.

Website

https://millingprecisiontool.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Milling Precision Tool is a privately held, AS9100-certified aerospace contract machining company in Wichita, Kansas, providing 3/4/5-axis CNC high-speed machining of hard and soft metals (including titanium) and small assembly services to OEMs such as Boeing, Airbus, Spirit, Cessna, and Lockheed Martin.

Ownership category

akta.pro rank

Product category

Aerospace Contract Machining

NAICS

Turned Product and Screw, Nut, and Bolt Manufacturing (33272)

SIC

Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)

Keywords

• Precision CNC machining
• Aerospace contract manufacturing
• High speed machining
• Hard metal machining
• Aerospace precision components

Headquarters

HQ city

Wichita

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Precision CNC Machining Services: Contract manufacturing of precision-machined aerospace components. Revenue generated through direct customer purchase orders for machined parts, assemblies, and special processes. Operates as tier-1 supplier to major aerospace OEMs with long-term contractual relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Milling Precision Tool is a precision CNC machining services shop that contract-manufactures tight-tolerance, complex aerospace components from hard and soft metals (including Beta Annealed Titanium 6AL-4V) using 3-, 4-, and 5-axis CNC high-speed machining, with cryogenic machining and 5-axis monolithic part capability, and a complementary small-part assembly service. The company also operates within a Model Based Definition engineering methodology for part specifications.

Product overview

Milling Precision Tool is a machining services company offering CNC high speed machining as its core product. The company specializes in hard and soft metal machining including cryogenic machining, with capabilities spanning 3/4/5 axis CNC operations and 5-axis monolithic part production. The core machining service is complemented by small assembly capability and Model Based Definition engineering services. The portfolio is unified around precision aerospace components manufacturing rather than discrete software products.

Differentiator

Problem solved

Functional benefit

Products and services

• CNC High Speed Machining Services Contract CNC high-speed machining of hard and soft metals using 3-, 4-, and 5-axis equipment, including cryogenic machining and 5-axis monolithic part production of complex aerospace components such as aerostructures, landing gear parts, and engine components made from standard and Beta Annealed Titanium 6AL-4V. Target buyers are certified aerospace OEMs and tier-1 suppliers requiring AS9100 / ITAR compliant precision machining.
• Small Assembly Capability Standalone small-part assembly services that complement the core CNC machining operations, allowing MPTC to deliver complete part solutions (machined components plus small assembly) to aerospace OEMs and tier-1 suppliers rather than only individual machined pieces.

Quantifiable outcome

• 99.7% quality rating with customers (Rolling 3 Month Average)
• +1 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• MastercamcoreTechnology or IntegrationCAM software licensing and support partnership. MPTC utilizes Mastercam 2017 and Mastercam 2019 for programming CNC machines. Software enables advanced toolpath generation for complex 5-axis machining.
• Faro ArmcoreTechnology or IntegrationPrecision measurement equipment partnership. MPTC uses Faro Arm Platinum with Verisurf Version X10 software for quality inspection and verification of machined parts.
• VericutcoreTechnology or IntegrationCNC simulation software partnership. MPTC uses Vericut to test and verify CNC programs prior to launch in the production process, reducing errors and improving efficiency.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Howmet Aerospace: Major aerospace supplier of engineered castings, fasteners, and precision-machined components for jet engines and airframes. Overlaps with MPTC in titanium and high-spec aerospace machining, but with massive scale and engine-system integration.
• Triumph Group: Much larger tier-1 aerospace supplier of precision-machined aerostructures, landing gear, and mechanical systems. Comparable end markets and customer overlap with MPTC, but operates at a fundamentally different scale with a far broader product portfolio.
• Magellan Aerospace: Canadian aerospace manufacturer of precision-machined components, assemblies, and engineered products. Comparable to MPTC in its core activity of tight-tolerance aerospace machining, though at significantly greater scale and geographic reach.
• Precision Castparts Corp (Berkshire Hathaway): One of the largest precision aerospace components manufacturers globally (investment castings, forgings, fasteners, machined parts). Comparable in the precision machined aerospace components space but at vastly greater scale and vertical integration than MPTC.
• Kaman Aerospace (Kaman Corporation): Aerospace manufacturer producing precision bearings, components, and assemblies for defense and commercial customers. Comparable to MPTC in its aerospace component manufacturing focus, though it operates with a much broader product portfolio and customer base.

Direct peers

• Owens Industries: Precision CNC machining services provider for aerospace, defense, and medical customers. Directly comparable to MPTC in that it operates 5-axis CNC machining, ITAR-controlled work, and AS9100-quality precision components for OEM customers.
• CPI Aerostructures: Smaller-scale US aerospace structural assemblies and precision machined parts supplier serving defense and commercial primes. Closely aligned with MPTC's contract manufacturing model and tier-2 supplier positioning in the aerospace value chain.
• Ducommun Incorporated: Aerospace structural components and assemblies manufacturer serving Boeing, Lockheed Martin, and other primes. Closely comparable business model to MPTC in that it operates as a tier-2/3 supplier of precision-machined and assembled parts into the same customer base, with a similar mix of defense and commercial aerospace work.
• Héroux-Devtek: Canadian aerospace manufacturer specializing in landing gear, actuation systems, and other complex precision components. Directly comparable to MPTC in the precision machining of demanding aerospace-grade materials and structural components for major OEMs.
• Senior plc: Specialist manufacturer of high-precision engineered components for aerospace and defense OEMs. Comparable to MPTC in its focus on tight-tolerance, high-mix, low-to-medium volume precision parts produced for tier-1 aerospace customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Milling Precision Tool