The NORDAM Group LLC

Founded in 1969, The NORDAM Group LLC is headquartered in Tulsa, US. The company focuses on aerospace repair and manufacturing. Meredith Madden serves as CEO. In March 2019, Carlyle Group invested in NORDAM through equity and debt financing to facilitate their exit from Chapter 11 bankruptcy, which was completed in April 2019.

NORDAM specializes in aerospace repair and manufacturing, offering engineering, manufacturing, maintenance, and repair of components for business jets, commercial aircraft, satellites, and military aircraft. With over 50 years of experience, the company delivers high-quality craftsmanship on essential aircraft structures, flight control surfaces, thrust reversers, nacelles, and engine components. NORDAM serves a diverse clientele, including airlines, defense contractors, and space agencies, with operations primarily in North America and Europe, among other international markets. In 2017, NORDAM reported an EBITDA of USD 50.

00 mn. The company's revenue is generated through direct services and long-term contracts within the aerospace sector, utilizing a business-to-business (B2B) model for maintenance, complex overhauls, and component repairs, which includes ongoing maintenance contracts alongside one-time service requests. Following the investment by Carlyle Group in March 2019, NORDAM plans to utilize the funding to support its operational recovery and expand services. The company aims to introduce new products in the aerospace sector and potentially enter new international markets, with specific targets set for the coming years as part of its growth strategy.