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Aircraft manufacturer  (Woodland, Wash., U.S.) has officially announced its acquisition of the advanced materials line of business from (Clearwater, Fla., U.S.) which reflects the company’s commitment to vertically integrated aircraft solutions.

LifePort, known for its air medical, custom interiors and armor solutions, acquired portions of the Aeromatrix business, including composite flat and formed panels, adhesives (ATR525, ATR1000 and ATR500), all ATR panel pins and inserts, as well as payload component product lines. The acquisition further strengthens LifePort’s strategy of leveraging its expertise and capabilities to continue developing innovative offerings that serve the aerospace community.

“Aeromatrix has an outstanding reputation for customer service and quality products. We are excited to expand on that reputation. The next step is executing a seamless integration,” Jason Darley, CEO of LifePort, says. “This acquisition aligns with our customer-centric approach and expands our established position in the growing composites market while providing new capabilities and services to our customers”

The strategic acquisition continues LifePort’s vertical integration initiative, while solidifying its capability to provide next-generation advanced materials solutions to aerospace and defense customers. The expanded portfolio will offer lighter-weight, and higher-performance products that can be rapidly manufactured. This combination not only expands LifePort's product offering, but also reduces supply chain risk by diversifying the supply base, and generating efficiencies that bring added value to customers.

According to Jack Hall, president of Aeromatrix. “The sale of these assets to LifePort allows Aeromatrix to meet its chapter 11 plan requirements, continue fulfilling certain customers’ orders and complete the liquidation of Aeromatrix’s business by December 31, 2023.”