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About Us

Our Companies

We Create Brand New Manufacturing Identities

Precision Aerospace Holdings is a next-gen technology company specializing in manufacturing and machining of complex component critical Defense, Aerospace and Space programs.

Recent acquisition growth includes three separate operating companies—Applegate EDM, LLC, Decatur Machine Services, Icon Machine Company and Owens Machine and Tool Companyunited under the Precision Aerospace platform.

As an integrated operating company, the Precision Business System combines disciplines of investing with its proven operational prowess to generate profitable growth while simultaneously building robust manufacturing businesses for tomorrow’s leaders in Defense and Aerospace.

applegate edm

Our Values








About Applegate EDM, Inc.

Applegate EDM is a leading provider of Wire, Sinker and Hole Drill EMD CNC machining services. The company specializes in difficult geometry and hard to machine metals. Capabilities include machining die components, extrusion dies, mold details and electrodes. Applegate can execute high precision, small wire diameters, 30+ degree taper angles and automatic threading. With 40+ years of experience, Applegate can tackle the industry’s most difficult and complex EDM needs. Applegate has the expertise to take on projects for some of the nation’s top Aerospace, Defense and Energy manufacturers. Applegate is centrally located in Dallas, Texas, and is AS9100D and ISO 9001:2015 certified.

About Icon Machine Co.

Icon Machine is a leading provider of precision CNC milling and turning with 5 axis machining centers. The company specializes in the manufacturer of critical, tight tolerance parts and components for Commercial Aerospace and Defense markets.

Since its inception, Icon Machine has strived to provide the highest quality product by utilizing cutting-edge technology.

Icon Machine is centrally located in Irving (DFW area), Texas and is AS9100D and ISO 9001:2015 certified.

About Decatur Machine Services

Decatur manufactures complex multifaceted parts, tooling and prototypes utilizing expert 3, 4 and 5 axis machine tools. Established in 1983 as a woman-owned company, Decatur is an industry-leading expert tool and lathe company recognized for its quality and on time delivery.

For more than 27 years, Decatur has attracted a highly skilled and dedicated workforce specializing in hard metal and tight tolerance machining to produce superior products for private and public organizations with a focus on the Defense and Aerospace industries.

Located 45 minutes northwest of Fort Worth in Decatur, Texas, the company’s 32,000 sq ft climate-controlled facility includes 6,000 sq ft of enclosed storage. Its management system is registered in accordance with ISO 9001:2015_and_AS9100:2016 quality standards.

About Owens Machine and Tool Co.

Owens Machine and Tool is renowned for its comprehensive CNC and multi-axis machining mastery, particularly titanium and nickel alloys. It has been in continuous operation since 1986, and is:

  • AS9100D and ISO 9001:2015 certified,
  • SAMS and Exostar registered,
  • DFARS and ITAR compliant, and 
  • a recognized TMAC Texas Manufacturing Assistance Center for collaboration.

From singular components to intricate assemblies, Owens’ medium-sized shop in Lewisville, Texas provides aerospace, defense, oil and gas, medical, and entertainment industries the flexibility to adapt to diverse project needs.