Strong Revenue and EBITDA Growth
Revenue increased by 13.5% to $1.53 billion, with adjusted EBITDA up 20% to $205 million compared to the prior year period. Adjusted EBITDA margins expanded by 80 basis points to 13.4%.
Commercial Aerospace Sales Increase
Commercial aerospace sales grew 14% year-over-year, driven by CF34, LEAP, CFM56, and Turboprop platforms.
Military Sales Growth
Military sales increased by 12% year-over-year due to the Aero Turbine acquisition and growth on AE1107 and J85 programs.
Component Repair Services Segment Performance
Component Repair Services revenue increased 31%, with adjusted EBITDA growing 50% and margins expanding to 29%.
LEAP Program Momentum
LEAP sales tripled sequentially, with total LEAP bookings exceeding $1.5 billion, up from $1 billion at the end of the previous year.
Increased 2025 Guidance
Increased 2025 guidance with expectations of continued double-digit revenue growth and adjusted EBITDA margin expansion.