Aerospace & Propulsion Investment Advisory
Deep Expertise Where Aerospace Gets Complicated
Aerospace Investments Require More Than Financial Due Diligence
Aerospace can be an attractive investment market—but it is also an industry where technical, operational, and aftermarket realities can fundamentally change the investment thesis.
This is especially true in propulsion.
Aircraft engines and their supporting ecosystems represent some of aviation’s most complex and valuable assets. Engine programs can generate aftermarket revenue for decades, but their economics are influenced by factors that may not be obvious in conventional financial diligence: durability, time on wing, installed base, shop-visit demand, repair capability, material availability, production readiness, certification risk, supplier constraints, and MRO capacity.
Understanding the numbers is important. Understanding what drives the numbers is critical.
O’Day Aviation Consulting provides investors, private equity firms, corporate development teams, lenders, and strategic buyers with independent technical, operational, and commercial due diligence across propulsion, engine MRO, aerospace manufacturing, and the broader aviation aftermarket.
We help clients look beyond historical financial performance to understand the underlying capabilities, risks, and opportunities that can determine future value.
Supporting the Entire Transaction Lifecycle
Propulsion investments require a particularly deep understanding of the relationship between technology, manufacturing, fleet adoption, reliability, MRO, and aftermarket economics.
O’Day Aviation Consulting can assess:
Engine and propulsion technology maturity
Competitive differentiation and technology positioning
Engine platform and customer exposure
Installed base and fleet demographics
Development and certification risk
Reliability, durability, and time-on-wing expectations
Design-for-manufacturing and industrialization readiness
Production capability and scalability
Supplier capability and single-source exposure
Critical materials and component constraints
Aftermarket strategy and revenue potential
Intellectual property and repair capability
Emerging and advanced propulsion technologies
We help investors understand not only whether a propulsion technology is technically compelling, but whether it can become a scalable, supportable, and economically attractive business.
An MRO business cannot be evaluated solely on revenue growth, EBITDA, or current shop loading.
Future performance may depend on the engines entering the shop, fleet demographics, removal rates, material availability, workscopes, repair capability, labor productivity, turnaround time, OEM relationships, and capacity constraints.
O’Day evaluates factors including:
Engine installed base and addressable fleet
Shop-visit demand and forecast
Time-on-wing and removal drivers
Workscope and maintenance-event economics
Shop capacity and throughput
Turnaround-time performance
Engine and component repair capabilities
Parts and material availability
Used serviceable material opportunities
LLP and high-value component exposure
Labor availability and productivity
OEM and supplier dependencies
Customer concentration
Pricing and commercial agreements
Competitive capacity
Future aftermarket revenue potential
The objective is to determine whether projected MRO growth is supported by fleet fundamentals and operational capability—not simply market optimism.
A strong order book does not necessarily mean a company can deliver it.
Production constraints throughout aerospace have demonstrated the importance of understanding the industrial system behind the financial forecast.
Our diligence can evaluate:
Manufacturing capability and capacity
Production readiness
Factory utilization
Capital equipment requirements
Quality systems
Engineering resources
Special processes
Make-versus-buy strategy
Supplier dependencies
Single-source vulnerabilities
Raw-material exposure
Workforce availability
Production ramp assumptions
Customer and platform concentration
We help determine whether the company has the people, processes, equipment, suppliers, and engineering capability required to execute its business plan.
Pre-Acquisition Due Diligence
Before capital is committed, O’Day can provide an independent assessment of the assumptions underlying the investment thesis.
Our work can include:
Technical due diligence
Commercial due diligence
Market and competitive assessments
Technology assessments
Customer and supplier evaluations
Manufacturing and operations reviews
Engine and platform exposure analysis
MRO market forecasting
Growth opportunity assessment
Management and organizational capability assessment
Risk identification and mitigation
Independent business-plan validation
Acquisition Target Identification
O’Day can also help investors and corporate clients identify potential acquisition targets before a transaction begins.
We combine industry knowledge with structured market screening to identify businesses that fit specific strategic and financial objectives.
Our process can include:
Define the investment thesis → Establish target criteria → Map the market → Identify potential targets → Assess strategic fit → Prioritize opportunities → Support diligence
Target criteria may include propulsion or platform exposure, MRO capability, technology, intellectual property, customer base, geography, revenue, aftermarket content, manufacturing capability, strategic adjacency, and growth potential.
This allows clients to move from simply reacting to businesses that come to market to proactively identifying assets that support their long-term strategy.
As diligence progresses, our specialists can work alongside the investor, management team, legal counsel, accounting advisors, and other transaction partners to investigate issues requiring deeper aerospace expertise.
That can include:
Technical deep dives
Management interviews
Site and facility assessments
Customer and supplier analysis
Business-plan challenge
Market forecast validation
Operational risk assessment
Diligence question development
Red-flag identification
Value-creation opportunity development
Our role is not to duplicate traditional financial diligence.
We focus on the aviation-specific questions that can materially affect the investment.
Closing the transaction is only the beginning.
O’Day can continue supporting investors and management teams as they translate the investment thesis into operational results.
Our work can include:
100-day planning
Revenue growth strategy
MRO expansion
New market and platform entry
Manufacturing optimization
Supply-chain strategy
Production ramp and readiness
Repair capability development
Cost reduction
Organizational and engineering assessments
Partnership and channel strategy
Additional acquisition opportunities
KPI development and performance tracking
Multi-year value-creation roadmaps
Make Better-Informed Aerospace Investments
Whether you are evaluating an acquisition, identifying potential targets, assessing an emerging propulsion technology, considering an investment in an engine or component MRO business, or developing a post-acquisition growth strategy, O’Day Aviation Consulting can provide the industry expertise needed to make a more informed decision.
Propulsion. MRO. Aerospace Investment.
From the engine test cell to the boardroom.
Talk with O’Day Aviation Consulting about your next investment or transaction.