05:59 PM EDT, 10/27/2025 (MT Newswires) -- VSE (VSEC) said Monday it agreed to acquire Aero 3, a global maintenance, repair, and overhaul service provider and distributor, for $350 million in cash, subject to adjustments.

The company said the deal expands VSE Aviation's presence in the commercial wheel and brake aftermarket, adding nine repair facilities across the US, Canada, and the UK. Aero 3 generated about $120 million in revenue during the trailing twelve-month period ended August, VSE said.

The acquisition is expected to close in Q4, subject to regulatory approvals. VSE said the purchase will be funded through equity financing proceeds and borrowings under its existing credit facility.

VSE also announced that it has commenced an underwritten public offering of common stock.

Shares of VSE fell 1.8% in after-hours trading.