A&D News

M&A Spotlight

KKR & Co., Inc. to Acquire Novaria Group from Rosewood Private Investments and Tailwind Advisors
Novaria Group is a independent supplier of complex, highly-engineered components and specialty processes for the A&D industry. The company is composed of several operating divisions specializing in brackets, fasteners, and small components for airframe and engine, as well as chemical processing and plating services.

Albany International Corp. Acquires CirComp GmbH
CirComp manufactures high-performance composite components. Founded by Dr. Ing. Ralph Funck, the company specializes in designing and manufacturing customized engineered composite components for aerospace and other demanding industrial applications.

Arlington Capital Partners Acquires the Blaenavon Forging Business of Doncasters Group Ltd, a Portfolio Company of Dubai International Capital LLC, Creating Forged Solutions Group
The business manufactures complex, precision forged rings and closed die products primarily for OEM and Tier 1 aerospace and defense engine customers. The operation offers one-stop-shop production capabilities focused on rolled rings, casings and closed die forgings in nickel, cobalt and titanium alloys and stainless steels, with complementary services including machining, heat treating, engineering, chemical processing, testing and inspection.

Arlington Capital Partners Agrees to Sell Quantum Spatial, Inc. to NV5 Global, Inc. for $303 Million
Quantum Spatial is one of the largest independent geospatial data firms, providing geographic insights to government and corporate organizations that need geospatial intelligence to mitigate risk, plan for growth, better manage resources and advance scientific understanding.

Bluestone Investment Partners, LLC Portfolio Company Intrepid Solutions and Services, Inc. Acquires BWM Outcomes, LLC
BWM Outcomes is a provider of cybersecurity and intelligence analysis services, including: cyber threat intelligence; information assurance; intrusion detection and remediation; data analytics; document and media exploitation; and; improvised threat analytics to defense, intelligence, and national security customers.

Curtiss-Wright Corp. to Acquire 901D Holdings, LLC From Graycliff Partners LP
901D is a designer and manufacturer of mission-critical integrated electronic systems, subsystems and ruggedized shipboard enclosure solutions supporting every major U.S. Navy shipbuilding program, including aircraft carriers, submarines and surface ships. Founded in 1999, the company operates from a 78,000 square foot facility.

Dubin Clark & Co., Inc. Portfolio Company Kellstrom Defense Aerospace, Inc. Acquires Airborne Technologies, Inc.
ATI offers a range of proprietary tooling for the manufacture of complex defense aircraft parts as well as strong capabilities in CNC machining, metal forming, and structural integration. Current production includes landing gear doors, wing leading edges, and other complex assemblies.

Contract Award Spotlight

NAVAIR HQ Contracts With Lockheed Martin for for Long Lead Material for 48 Low-Rate Initial Production (LRIP) Lot 15 F-35A Lightning II Aircraft for the Air Force
The U.S. Naval Air Systems Command, Headquarters (NAVAIR) (Patuxent River, MD) awarded Lockheed Martin Aeronautics Co., Fort Worth Operations (Fort Worth, TX) a $328.0 million fixed-price-incentive-firm-target advance acquisition contract (N00019-20-C-0009) to procure long lead material, parts and components in support of 48 low-rate initial production (LRIP) Lot 15 F-35A Lightning II aircraft for the Air Force.

Army ACC-RSA Mods Contract With GE Aviation for T700 Engine Deliveries
U.S. Army Contracting Command – Redstone (ACC-RSA) (Redstone Arsenal, AL) awarded GE Aviation – Military Solutions (Lynn, MA) a $1.33 billion firm-fixed-price modification (P00021) under a previously awarded contract (W58RGZ-15-D-0048) for T700 engine deliveries in support of the Army H-60 and AH-64 programs, Navy H-60 programs, Air Force programs, Foreign Military Sales (FMS) and other government agencies.

NATO Contracts With Boeing to Modernize AWACS Fleet With Digital Flight Decks and Avionics
The North Atlantic Treaty Organization (NATO/OTAN) (Brussels, Belgium) awarded Boeing Surveillance and Engagement (Kent, WA) a USD $1.0 billion contract to modernise the alliance’s Airborne Warning and Control System (AWACS) aircraft, which are based on the Boeing 707 commercial airplane.

NAVAIR Mods Contract With Lockheed Martin for 15 Lot 14 F-35A Aircraft and Associated Red Gear for the Government of Australia
The U.S. Naval Air Systems Command, Headquarters (NAVAIR) (Patuxent River, MD) awarded Lockheed Martin Aeronautics Co., Fort Worth Operations (Fort Worth, TX) a $831.0 million fixed-price-incentive-firm modification under a previously awarded advance acquisition contract (N00019-17-C-0001) for the production and delivery of 15 Lot 14 F-35A aircraft and associated red gear for the Government of Australia.

NAVAIR Mods Contract With Raytheon for Additional Next Generation Jammer (NGJ) System Demonstration Test Articles (SDTA) Shipsets and Associated Equipment
The U.S. Naval Air Systems Command, Headquarters (NAVAIR) (Patuxent River, MD) awarded Raytheon Space & Airborne Systems (SAS) (El Segundo, CA) a $403.3 million cost-plus-incentive-fee modification (P00062) under a previously awarded contract (N00019-16-C-0002) for additional Next Generation Jammer (NGJ) System Demonstration Test Articles (SDTA) shipsets and associated equipment.

Army ACC-RSA Mods Contract With Lockheed Martin for Joint-Air-to-Ground Missiles (JAGM)
U.S. Army Contracting Command – Redstone (ACC-RSA) (Redstone Arsenal, AL) awarded Lockheed Martin Missiles and Fire Control (MFC) – Orlando (Orlando, FL) a $134.7 million modification (P00094) to contract (W31P4Q-15-C-0102) for Joint-Air-to-Ground Missiles (JAGM).

Sources: DACIS and other publicly available information.