Aerospace Supplier Gets OK To Tap 'Rich' $4M Ch. 11 Loan

By Alex Wittenberg · February 27, 2025, 5:54 PM EST

Aerospace parts supplier Dynamic Aerostructures received a Delaware bankruptcy judge's approval Thursday to borrow a slice of $12.5 million in Chapter 11 financing that the judge said was clearly needed, albeit...

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Bankruptcy Scorecard

Summary

Dynamic Aerostructures LLC, a Los Angeles aerospace parts supplier for Lockheed Martin and Boeing, filed for bankruptcy, citing more than $50 million in debt, after the company suffered from "manufacturing practice inconsistencies" that resulted in quality control issues.

Case Number

1:25-bk-10292

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

More than $50 million

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