Vought Aircraft Files for IPO

Vought Aircraft Holdings Inc., an Irving, Texas-based maker of aerostructure products for commercial, military and business jet aircraft, has filed for a $250 million IPO. It plans to trade on the NYSE under ticker symbol VTC, with Lehman Brothers, Goldman Sachs and JPMorgan serving as co-lead underwriters.

 

Vought was formed in 2000 by The Carlyle Group, following its acquisition of Northrop Grumman's aerostructures business. Carlyle currently holds a 97.6% ownership position. www.voughtaircraft.com