SeeBITDAOklahoma

NORDAM Nacelle & Thrust Reverser Division

Manufacturing
  • 6911 N Whirlpool Dr, Tulsa, OK
  • Since 1997
  • Family-owned
  • NAICS 31
Estimated valueLow confidence
$1.2M
$206Klikely range$2.4M
About 3× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$3.0M
a year
EBITDA
$403K
13% of revenue
Employees
—
not reported
Leadership
Meredith Siegfried Madden
CEO · source · confirmed by 2 sources
Some signs of a sale
  • Alisa Perkins
    Signs company filings · Form 5500 (2023)

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical manufacturing business in Oklahoma$3.0M
Revenue$3.0M
× 13% EBITDA margin$403K
× 3 sale multiple = value$1.2M

Own this business? Correct these figures

Employees over time

▲ 1% since 2020
01k2k2020202120222023202414901511
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 55001,490$745.0M$98.9M
2021Form 55001,306$653.0M$86.7M
2022Form 55001,365$682.5M$90.6M
2023Form 55001,492$746.0M$99.1M
2024Form 55001,511$755.5M$100.3M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

No PPP loan
401(k) filing, 2024
No reported financials
Company website
Owner named
Trucking registration (FMCSA)

Signs of a sale Some signs of a sale

  • In business 29 years (since 1997)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

NORDAM is a Tulsa, Oklahoma-headquartered aerospace company that engineers, manufactures, maintains and repairs components for business jets, commercial aircraft, satellites and military customers. The pages describe its nacelle and thrust reverser work as one part of its broader aerospace capabilities.

Products & services
aerostructuresinteriorsMRO Servicesnacellesthrust reversersflight control surfacesengine and satellite componentscomposite componentsTechnical PublicationsFAA Flat PanelsAOG and On-Wingradomes
Markets served
defense and space marketsbusiness jetscommercial aircraftsatellitesmilitary aircraftbusiness, commercial, and military aircraftCommercial/Air FreightMilitary
Service area
Tulsa, OklahomaNorth AmericaEuropeAsia/Pacific RimLatin AmericaMiddle EastAfricaworldwide
Certifications
ISO AS9100DNadcapEASA Part 145UK CAA Part 145CAAC Part 145FAA Air Agency CertificateFAA PMAIIP

From the company's website. Industry: Manufacturing.

Customers & suppliers

Customers

  • UPS · named on its website

Suppliers & brands

  • Dornier · brand it sells or installs
  • Lear · brand it sells or installs
  • Hawker · brand it sells or installs
  • Gulfstream · brand it sells or installs
  • Astra SPX · brand it sells or installs
  • Piper · brand it sells or installs
  • Falcon · brand it sells or installs
  • Boeing 727 · brand it sells or installs

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Marketing & advertising

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
NORDAM Nacelle & Thrust Reverser Division
this business
$3.0M$403K—
Gulfstream Aerospace Corporation: Tulsa
Tulsa
$3.0M$403K0.1 mi
Whirlpool Distribution Center
Tulsa
$3.0M$403K0.2 mi
NOV
Tulsa
$3.0M$403K0.3 mi
Central Tube and Bar
Tulsa
$3.0M$403K0.6 mi
Taylor Forge
Tulsa
$3.0M$403K0.7 mi
HP Data Center Agilent
Tulsa
$3.0M$403K0.7 mi

Ranges & sources

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Manufacturing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (13%). Treat these as a rough guide.

Revenue range$647K – $5.1M
EBITDA range$86K – $673K
Industry (NAICS)Manufacturing (31)
Value range$206K – $2.4M

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: approximate sector default. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Family-owned

Advisors

  • AccountingGrant Thornton LLPAudits its 401(k) plan (2024 filing)

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

DOT motor carrier
USDOT 1905867
Trucks (power units)5
Drivers6
Registered with DOT2009

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About NORDAM Nacelle & Thrust Reverser Division

NORDAM Nacelle & Thrust Reverser Division is a family-owned manufacturing company in Tulsa, Oklahoma, in business since 1997. It is owned by Meredith Siegfried Madden (CEO). Its estimated annual revenue is about $3.0M, with roughly $403K of EBITDA. It has about 1,511 employees. Its estimated business value is $1.2M (likely range $206K–$2.4M).

Common questions

Who owns NORDAM Nacelle & Thrust Reverser Division?
NORDAM Nacelle & Thrust Reverser Division is owned by Meredith Siegfried Madden (CEO), according to public sources such as the company's website or filings.
How much revenue does NORDAM Nacelle & Thrust Reverser Division make?
SeeBITDA estimates NORDAM Nacelle & Thrust Reverser Division's annual revenue at about $3.0M (likely between $647K and $5.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is NORDAM Nacelle & Thrust Reverser Division worth?
About $1.2M, roughly 3× its estimated EBITDA of $403K, typical for a manufacturing company its size. Likely range: $206K–$2.4M.
How many employees does NORDAM Nacelle & Thrust Reverser Division have?
About 1,511, from its 2024 retirement-plan filing.
When was NORDAM Nacelle & Thrust Reverser Division founded?
NORDAM Nacelle & Thrust Reverser Division has been in business since 1997.