Precision Aviation Group Inc.

Atlanta-based Precision Aviation Group, Inc. (PAG), a provider of products and value-added services to the worldwide aerospace and defense industries, announces the acquisition of Velocity Aerospace Group (Velocity). Velocity is a provider of aviation maintenance, repair and overhaul (MRO) services as well as manufacturing and is headquartered in Frisco, TX. The company operates three FAA Repair Stations in Burbank and Van Nuys, CA, and Ft. Lauderdale, FL.

Precision Aviation Group, Inc. (PAG), a provider of products and value-added services to the worldwide aerospace and defense industry, promotes Ketan Desai to chief sales and marketing officer. Desai joined PAG in 2005 and has held various positions of increasing responsibility, including director of Sales and Marketing and, most recently, vice president of Sales and Marketing.

Precision Aviation Group, Inc. (PAG), a provider of products and value-added services to the worldwide aerospace and defense industry, announces the acquisition of São José dos Campos, Brazil-based EFIX Aviation Support (EFIX). EFIX specializes in maintenance, repair and overhaul (MRO) services for the South American aerospace and defense market.