M7 is the successor organization to Fairchild Dornier Aviation, having bought much of that firm's assets out of bankruptcy. M7 occupies the 426,000 sq ft (39,600 m2) manufacturing and support facility formerly operated by Fairchild-Dornier.
On December 15, 2010, M7 was purchased by the United States subsidiary of the Israeli defense contractor Elbit Systems. The price of M7's acquisition was $85 million in cash.
In 2019, M7 received a $22 million contract from Support Systems Associates, Inc. (SSAI) to provide avionics upgrades to the US Air National Guard's RC-26B aircraft, with SSAI having received a contract to upgrade the same systems for $31 million from the United States Department of Defense the previous year. M7 is the original equipment manufacturer for the RC-26Bs. Two years prior, M7 received a $176 million contract from DynCorp to provide maintenance work related the US Army's fleet of C-26s and C-35s.
^"M7 Aerospace sold to Israeli defense firm." San Antonio Business Journal. Wednesday December 15, 2010. Retrieved on February 12, 2011. "M7, located at the San Antonio International Airport, manufactures aerospace components."
^"Contact Us Archived 2011-04-06 at the Wayback Machine." M7 Aerospace. Retrieved on February 12, 2011. "M7 Aerospace LP [...] 10823 NE Entrance Road San Antonio, Texas, USA 78216."
^"Elbit - Investor Relations - Press Releases". Ir.elbitsystems.com. Archived from the original on 2019-02-04. Retrieved 2011-01-13.
^"Elbit Systems buys M7 Aerospace for $85 mln". Reuters. 15 December 2010. Retrieved 5 April 2019.
^Tish Drake (15 December 2010). "Elbit to Acquire M7 Aerospace". Aviation Today. Retrieved 5 April 2019.
^"M7 Aerospace wins contract to provide RC-26B avionics upgrade". Air Force Technology. 6 February 2019. Retrieved 5 April 2019.
^Rye Druzin (22 December 2017). "San Antonio company wins military contract worth up to $176 million". San Antonio Express News. Retrieved 5 April 2019.