VSE Corp. (Nasdaq: VSEC) is buying four business units from Killick Aerospace Group for $184 million in cash.

The buyer is picking up Prime Turbines, CT Aerospace, Kansas Aviation and Air Parts & Supply Co. All of the companies specializes in maintaining, repairing and overhauling services and part supply for corporate and regional jet aircraft engines and engine accessories. The purchase agreement includes a payment of up to $40 million depending on the target's Ebitda achievements in the next two years, and potential additional $5 million payments.

Prime Turbines, headquartered in Carrollton, Texas, specializes in repairing Pratt & Whitney Canada and GE Aviation engines. CT Aerospace, also based in Carrollton, supplies engine parts and services to aircraft repair companies. Independence, Kansas-based Kansas Aviation specializes in repairing oil, air and fuel-related engine accessories for gas turbine engines. Air Parts & Supply, headquartered in Miami, supplies parts, including aircraft ignition parts, fuel control parts, starter generators for engines.

Alexandria, Virginia-based VSE provides technical support for different types of equipment.

Arent Fox LLP advised VSE on the acquisition. Wells Fargo Securities LLC acted as Killick's financial adviser, and Dentons USA LLP and Osler Hoskin & Harcourt LLP provided legal advice. 

Other recent aerospace deals include RLJ Equity Partners' purchase of Zak Inc., which makes parts for the aerospace industry, and H-D Advanced Manufacturing Co.'s agreement to buy Crown Precision Machining

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