Loar Holdings Inc.

Loar Holdings Inc. (NYSE: LOAR) is a specialized manufacturer of mission-critical aerospace and defense components serving the global aviation industry. The company designs, manufactures, and sells niche, highly engineered solutions with significant intellectual property content, with approximately 89% of 2025 net sales derived from proprietary products where the company holds market-leading positions. The company website is https://www.loargroup.com.

Loar operates across three primary end markets: commercial aviation representing 45% of 2025 net sales, business jet and general aviation at 25%, and defense at 25%, with the remaining 5% from non-aviation applications. The company's diverse product portfolio includes auto throttles, lap-belt airbags, seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, interior securing devices, temperature and fluid sensors, carbon and metallic brake discs, ice protection systems, sealing solutions, motion and actuation devices, illuminated panels and switches, high-performance fans, and lighting systems. Approximately 55% of 2025 net sales were derived from aftermarket products, providing recurring revenue streams with historically higher margins than original equipment manufacturer sales.

The company maintains a highly diversified customer base with no single customer representing more than 12% of 2025 net sales and no single aircraft platform exceeding 7% of sales. Loar operates approximately 1,700 full-time, part-time, and temporary employees globally. The company has executed 20 strategic acquisitions since 2012, including the acquisitions of LMB Fans & Motors in December 2025 and Harper Engineering in January 2026, demonstrating its disciplined acquisition strategy focused on businesses with proprietary content, significant aftermarket potential, and strong customer relationships.

The company's competitive advantages stem from its portfolio of mission-critical components with high barriers to entry due to rigorous certification requirements, extensive intellectual property protection, established positions across major aircraft platforms, and long-standing customer relationships. Loar's business model emphasizes organic growth through new product introductions, value-based pricing, operational efficiencies, and winning profitable new business, complemented by strategic acquisitions in the highly fragmented aerospace and defense component supply chain.