--- title: A&D Weekly News & Transactions - Week 33 description: The JCP A&D Weekly Report from Monday, August 19th, 2024 covers significant developments in the aerospace and defense industry. image: https://blog.janescapital.com/hubfs/Weekly%20AD%20-%20New/A%26D%20Weekly%20Recap%20-%20Week%2033%20(8.19.24).png --- [![Janes Capital Partners](https://blog.janescapital.com/hs-fs/hubfs/JCP-Logo-Color.png?width=700&height=86&name=JCP-Logo-Color.png "Janes Capital Partners")](https://www.janescapital.com/) [![Janes Capital Partners](https://blog.janescapital.com/hs-fs/hubfs/JCP-Logo-Color.png?width=720&height=89&name=JCP-Logo-Color.png "Janes Capital Partners")](https://www.janescapital.com/) - [Who We Are](https://www.janescapital.com/who-we-are) - [Advisory Services](https://www.janescapital.com/aerospace-defense-advisory-services) - Transactions - [Our Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Case Studies](https://blog.janescapital.com/case-studies) - Industry Insights - [Key Aerospace & Defense Insights](https://blog.janescapital.com/key-insights) - [A&D Quarterly Reports](https://blog.janescapital.com/quarterly-reports) - [Segment Reports](https://www.janescapital.com/segment-reports) - [A&D Weekly Reports](https://blog.janescapital.com/weekly-ad-news-transactions) - News & Events - [News & Past Events](https://blog.janescapital.com/news-events) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) - [Who We Are](https://www.janescapital.com/who-we-are) - [Advisory Services](https://www.janescapital.com/aerospace-defense-advisory-services) - Transactions - [Our Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Case Studies](https://blog.janescapital.com/case-studies) - Industry Insights - [Key Aerospace & Defense Insights](https://blog.janescapital.com/key-insights) - [A&D Quarterly Reports](https://blog.janescapital.com/quarterly-reports) - [Segment Reports](https://www.janescapital.com/segment-reports) - [A&D Weekly Reports](https://blog.janescapital.com/weekly-ad-news-transactions) - News & Events - [News & Past Events](https://blog.janescapital.com/news-events) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) A&D Weekly Reports #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/weekly-ad-news-transactions/08-19-2024&text=A%26amp%3BD+Weekly+News+%26amp%3B+Transactions+-+Week+33) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/weekly-ad-news-transactions/08-19-2024&t=A%26amp%3BD+Weekly+News+%26amp%3B+Transactions+-+Week+33) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/weekly-ad-news-transactions/08-19-2024&t=A%26amp%3BD+Weekly+News+%26amp%3B+Transactions+-+Week+33) # A&D Weekly News & Transactions - Week 33 by **[Stephen Perry](https://blog.janescapital.com/weekly-ad-news-transactions/author/stephen-perry)** ![](https://blog.janescapital.com/hubfs/Weekly%20AD%20-%20New/A%26D%20Weekly%20Recap%20-%20Week%2033%20(8.19.24).png)   ### Industry Headline News ![Boeing_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Boeing_Logo.png?width=3840&height=3840&name=Boeing_Logo.png) **Boeing and Lockheed Martin are in discussions to sell their joint venture, United Launch Alliance to Sierra Space** *Aug. 16, 2024 -* Being a major competitor to SpaceX, it could benefit Sierra Space by providing in-house launch capabilities for its spaceplane and space-station projects. Previous attempts to sell ULA have failed, and the current negotiations might still not result in a deal. [(Reuters)](https://www.reuters.com/business/aerospace-defense/boeing-lockheed-martin-talks-sell-ula-sierra-space-2024-08-16/) Boeing and Lockheed Martin are in discussions to sell their joint venture, United Launch Alliance to Sierra Space Aug. 16, 2024 - Being a major competitor to SpaceX, it could benefit Sierra Space by providing in-house launch capabilities for its spaceplane and space-station projects. Previous attempts to sell ULA have failed, and the current negotiations might still not result in a deal. (Reuters) ![Gulfstream](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Gulfstream.png?width=500&height=500&name=Gulfstream.png) **The all-new Gulfstream G400 completed its successful inaugural flight on August 15, 2024, showcasing its advanced design and high performance** *Aug. 16, 2024 -* The jet flew for nearly three hours, reaching speeds of Mach 0.85 and an altitude of 41,000 feet. The G400, priced at approximately $34.5 million, features advanced wings and engines, and offers customizable seating for up to 12 passengers. [(Aero Time)](https://www.aerotime.aero/articles/gulfstream-flight-test-first-private-jet?utm_source=ActiveCampaign&utm_medium=email&utm_content=Gulfstream%20G400%20private%20jet%20executes%20first%20flight%3A%20video%20%E2%9C%88&utm_campaign=AeroTime%20News%20%2F%20August%2016%2C%202024) The all-new Gulfstream G400 completed its successful inaugural flight on August 15, 2024, showcasing its advanced design and high performance Aug. 16, 2024 - The jet flew for nearly three hours, reaching speeds of Mach 0.85 and an altitude of 41,000 feet. The G400, priced at approximately $34.5 million, features advanced wings and engines, and offers customizable seating for up to 12 passengers. (Aero Time) ![GE_Aerospace_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/GE_Aerospace_Logo.png?width=500&height=500&name=GE_Aerospace_Logo.png) **GE Aerospace is expanding its maintenance facility in Fort Worth, Texas, after the City Council approved tax breaks to support the project** *Aug. 15, 2024 -* The expansion will add 3.25 acres to the existing facility, require $50 million in investments, and create 100 new jobs by 2026. [(WFAA)](https://www.wfaa.com/article/money/business/ge-aerospace-expanding-maintenance-hub-north-texas/287-f419c03d-25d3-468c-a39d-159e907fbdd4) GE Aerospace is expanding its maintenance facility in Fort Worth, Texas, after the City Council approved tax breaks to support the project Aug. 15, 2024 - The expansion will add 3.25 acres to the existing facility, require $50 million in investments, and create 100 new jobs by 2026. (WFAA) ![US State Department](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/US%20State%20Department.png?width=500&height=500&name=US%20State%20Department.png) **The U.S. State Department has approved significant arms deals with Germany, Italy, and Denmark** *Aug. 15, 2024 -* This deal includes a potential $5 billion sale of Patriot missiles to Germany, $738 million worth of Reaper drones to Italy, and $85M in GPS guidance kits for Denmark. [(Breaking Defense)](https://breakingdefense.com/2024/08/us-clears-potential-5b-patriot-missile-sale-for-germany-738m-in-reaper-drones-for-italy/) The U.S. State Department has approved significant arms deals with Germany, Italy, and Denmark Aug. 15, 2024 - This deal includes a potential $5 billion sale of Patriot missiles to Germany, $738 million worth of Reaper drones to Italy, and $85M in GPS guidance kits for Denmark. (Breaking Defense) ![Lockheed_Martin_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Lockheed_Martin_Logo.jpg?width=1134&height=1134&name=Lockheed_Martin_Logo.jpg) **Lockheed Martin is set to acquire smallsat manufacturer Terran Orbital for $0.25 per share and will assume its existing debt, a deal valued at $450M and expected to close in Q4** *Aug. 15, 2024 -* This move follows a previously withdrawn offer and reflects Lockheed's strategic interest in integrating Terran Orbital's capabilities while maintaining its role as a commercial supplier. [(Space News)](https://spacenews.com/lockheed-martin-to-acquire-terran-orbital/) Lockheed Martin is set to acquire smallsat manufacturer Terran Orbital for $0.25 per share and will assume its existing debt, a deal valued at $450M and expected to close in Q4 Aug. 15, 2024 - This move follows a previously withdrawn offer and reflects Lockheed's strategic interest in integrating Terran Orbital's capabilities while maintaining its role as a commercial supplier. (Space News) ![United-Airlines-Square-Logo](https://blog.janescapital.com/hs-fs/hubfs/United-Airlines-Square-Logo.png?width=500&height=500&name=United-Airlines-Square-Logo.png) **United Airlines CEO Scott Kirby expressed renewed optimism about Boeing's recovery after meeting with the plane maker's new CEO, Robert "Kelly" Ortberg** *Aug. 15, 2024 -* Despite previous frustrations with Boeing's delays, Kirby now believes the company is on the right path and will recover faster than expected. United currently has 484 unfilled orders with Boeing. [(NBC News)](https://www.nbcnews.com/news/amp/rcna166802) United Airlines CEO Scott Kirby expressed renewed optimism about Boeing's recovery after meeting with the plane maker's new CEO, Robert "Kelly" Ortberg Aug. 15, 2024 - Despite previous frustrations with Boeing's delays, Kirby now believes the company is on the right path and will recover faster than expected. United currently has 484 unfilled orders with Boeing. (NBC News) ![Heico](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Heico.jpeg?width=225&height=225&name=Heico.jpeg) **Warren Buffett's Berkshire Hathaway significantly reduced its stake in Apple and invested in Ulta Beauty and Heico during the second quarter** *Aug. 15, 2024 -* As of June 30, Berkshire held $266.3 million in Ulta Beauty shares and $185.4 million in Heico shares. The investments caused Ulta Beauty and Heico shares to rise, signaling investor confidence in Berkshire's choices. [(Reuters)](https://www.reuters.com/business/finance/berkshire-reveals-stakes-ulta-beauty-heico-it-retreats-apple-2024-08-14/) Warren Buffett's Berkshire Hathaway significantly reduced its stake in Apple and invested in Ulta Beauty and Heico during the second quarter Aug. 15, 2024 - As of June 30, Berkshire held $266.3 million in Ulta Beauty shares and $185.4 million in Heico shares. The investments caused Ulta Beauty and Heico shares to rise, signaling investor confidence in Berkshire's choices. (Reuters) ![El Al Israel Airlines](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/El%20Al%20Israel%20Airlines.png?width=500&height=500&name=El%20Al%20Israel%20Airlines.png) **El Al Israel Airlines signed a deal with Boeing to purchase up to 31 Boeing 737 MAX aircraft, valued at up to $2.5B** *Aug. 14, 2024 -* The agreement includes 20 firm orders worth $1.5 billion and options for 11 additional planes, with deliveries starting in 2028. The airline may accelerate some deliveries to 2027 through a dry lease. [(Reuters)](https://www.reuters.com/business/aerospace-defense/israels-el-al-signs-boeing-737-max-deal-worth-up-25-bln-2024-08-15/) El Al Israel Airlines signed a deal with Boeing to purchase up to 31 Boeing 737 MAX aircraft, valued at up to $2.5B Aug. 14, 2024 - The agreement includes 20 firm orders worth $1.5 billion and options for 11 additional planes, with deliveries starting in 2028. The airline may accelerate some deliveries to 2027 through a dry lease. (Reuters) ![NorthropGruman_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/NorthropGruman_Logo.png?width=1280&height=1280&name=NorthropGruman_Logo.png) **Northrop Grumman is set to lay off 550 employees at its California space facilities in Redondo Beach and Manhattan Beach, continuing a trend of workforce reductions in the sector** *Aug. 14, 2024 -* The layoffs come after a recent program cancellation by the U.S. Space Force and decreased revenue from NASA projects, despite reported growth in the company's space business.  [(Space News)](https://spacenews.com/northrop-grumman-continues-to-trim-space-workforce-in-california/) Northrop Grumman is set to lay off 550 employees at its California space facilities in Redondo Beach and Manhattan Beach, continuing a trend of workforce reductions in the sector Aug. 14, 2024 - The layoffs come after a recent program cancellation by the U.S. Space Force and decreased revenue from NASA projects, despite reported growth in the company's space business. (Space News) ![US State Department](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/US%20State%20Department.png?width=500&height=500&name=US%20State%20Department.png) **The Biden administration has approved a potential $20 billion arms sale to Israel, including F-15 fighter jets, amidst ongoing conflict in Gaza** *Aug. 13, 2024 -* The sale was initially delayed due to humanitarian concerns, has now moved forward after two key Democrats withdrew their objections. [(Breaking Defense)](https://breakingdefense.com/2024/08/state-clears-potential-20b-in-weapon-sales-to-israel-including-new-f-15s/) The Biden administration has approved a potential $20 billion arms sale to Israel, including F-15 fighter jets, amidst ongoing conflict in Gaza Aug. 13, 2024 - The sale was initially delayed due to humanitarian concerns, has now moved forward after two key Democrats withdrew their objections. (Breaking Defense) ![Lockheed_Martin_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Lockheed_Martin_Logo.jpg?width=1134&height=1134&name=Lockheed_Martin_Logo.jpg) **Lockheed Martin and General Dynamics have formed a strategic partnership to produce solid rocket motors for the U.S. military's Guided Multiple Launch Rocket System** *Aug. 13, 2024 -* Production will start in 2025 at General Dynamics' Arkansas facility as the U.S. military seeks to replenish missile stocks amid rising global conflicts. [(Space News)](https://spacenews.com/lockheed-martin-taps-general-dynamics-for-solid-rocket-motor-manufacturing/) Lockheed Martin and General Dynamics have formed a strategic partnership to produce solid rocket motors for the U.S. military's Guided Multiple Launch Rocket System Aug. 13, 2024 - Production will start in 2025 at General Dynamics' Arkansas facility as the U.S. military seeks to replenish missile stocks amid rising global conflicts. (Space News) ![Airbus_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Airbus_Logo.png?width=1280&height=1280&name=Airbus_Logo.png) **Airbus is grappling with significant supply-chain delays that have forced it to cut delivery targets and defer production goals** *Aug. 13, 2024 -* While Boeing attempts to recover from its own crises, Airbus faces ongoing challenges with essential components, leading to frustrations within the company and concerns about future production timelines. [(WSJ)](https://www.wsj.com/business/airlines/airbus-boeing-jet-production-stocks-841711d7) Airbus is grappling with significant supply-chain delays that have forced it to cut delivery targets and defer production goals Aug. 13, 2024 - While Boeing attempts to recover from its own crises, Airbus faces ongoing challenges with essential components, leading to frustrations within the company and concerns about future production timelines. (WSJ) ![Poland Flag](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Poland%20Flag.png?width=500&height=500&name=Poland%20Flag.png) **Poland has signed a $1.23B deal with Raytheon Polska and PGZ Huta Stalowa Wola to produce 48 Patriot air defense system launchers domestically** *Aug. 12, 2024 -* The decision reflects Poland's heightened defense priorities following Russia's 2022 invasion of Ukraine, with defense spending now at 4% of its GDP. [(Reuters)](https://www.reuters.com/business/aerospace-defense/poland-signs-deal-48-patriot-system-launchers-2024-08-12/) Poland has signed a $1.23B deal with Raytheon Polska and PGZ Huta Stalowa Wola to produce 48 Patriot air defense system launchers domestically Aug. 12, 2024 - The decision reflects Poland's heightened defense priorities following Russia's 2022 invasion of Ukraine, with defense spending now at 4% of its GDP. (Reuters) ![Lockheed_Martin_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Lockheed_Martin_Logo.jpg?width=1134&height=1134&name=Lockheed_Martin_Logo.jpg) **Norway is considering purchasing up to 16 Lockheed Martin HIMARS systems in a potential $580M deal as part of its long-range precision fires program** *Aug. 12, 2024 -* This inquiry is part of a pre-procurement phase, with Norway yet to decide on the purchase, while South Korea's Hanwha Aerospace is also vying for the contract with its K239 Chunmoo system. [(Defense News)](https://www.defensenews.com/global/europe/2024/08/12/norway-inquires-about-himars-purchase-from-lockheed-martin/) Norway is considering purchasing up to 16 Lockheed Martin HIMARS systems in a potential $580M deal as part of its long-range precision fires program Aug. 12, 2024 - This inquiry is part of a pre-procurement phase, with Norway yet to decide on the purchase, while South Korea's Hanwha Aerospace is also vying for the contract with its K239 Chunmoo system. (Defense News) ### Weekly Transaction Review | **No.** | **Parties Involved** | **Transaction Metrics** | **Location** | **Segment** | | | | --- | --- | --- | --- | --- | --- | --- | |   | **Target \[Parent\]** Acquirer \[Parent\] | Price ($M) | Price/ Revenue | Price/ EBITDA | Target | Target | | 1 | **Precise Aerospace Manufacturing** Pexco \[Odyssey Investment\] | - | - | - | Yorba Linda, CA | Machined & Cast Parts | | 2 | **MOD-A-CAN**Fors Holdings | - | - | - | Long Island, NY | Machined & Cast Parts | | 3 | **Loc Performance Products** Rheinmetall | $950.0 | - | - | Plymouth, MI | Land Systems | | 4 | **Hera Systems** Redwire | - | - | - | San Jose, CA | Satellite, Satellite Services & Space Systems | | 5 | **Magee Plastics** Trelleborg Sealing Solutions \[Trelleborg\] | - | - | - | Warrendale, PA | Aircraft Interiors | | 6 | **Terran Orbital** Lockheed Martin | $247.1 | 1.9x | nm | Boca Raton, FL | Satellite, Satellite Services & Space Systems | | **No.** | **Target Descriptions** | | --- | --- | | 1 | PAM is a full-service supplier of injection, compression, transfer molded plastic, CNC machining and value-added assembly specializing in close tolerance custom molding for the aerospace, defense, medical, and electronics industries. | | 2 | MOD-A-CAN is a provider of precision aerospace structural assemblies, machined parts, brazed chassis, electrical and mechanical assemblies, and screening and painting services. The company's core capabilities include CNC machining, engineering, fabrication, brazing, and welding. | | 3 | Loc is a manufacturer of machined components for automotive powertrains, gears and gear systems, track systems, and suspension and final drives for the entire arsenal of U.S. Military tracked vehicles. The company also provides in-house painting and packaging capabilities to satisfy military specifications and shipping requirements. | | 4 | Hera is a developer of space domain awareness and Very Low Earth Orbit (LEO) constellations for use in private sector and U.S. federal government aerospace and defense markets. The company's highly-customizable geospatial intelligence platform consists of up to 50 nanosatellites providing 10-minute revisit over specific regions of interest. | | 5 | Magee manufactures components and interior products made from thermoplastics and composites. The company offers airline industry components and products, such as air grills, sidewall panels, and life vest containers for OEMs and refurbishment markets. | | 6 | Terran develops and manufactures small satellites for private sector and U.S. federal government aerospace and defense markets. The company's capabilities include end-to-end small satellite solutions, fully integrated operations, satellite design, scale manufacturing, launch planning, mission operations, and in-orbit support to military, intelligence community, civil and commercial customers. | ### Selected Janes Capital Partners A&D Experience ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Schatz%20Bearing%20Arxis%20(2).jpg) [Arxis Acquires Schatz Bearing Corporation](https://blog.janescapital.com/news-events/arxis-acquires-schatz-bearing-corporation) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/TDG%20Undisclosed%202.jpg) [TransDigm Group Acquires an Undisclosed Provider of Proprietary Aerospace Instrumentation and Sensing Solutions](https://blog.janescapital.com/news-events/transdigm-group-undisclosed-provider-proprietary-aerospace-instrumentation) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Cook%20Defence%20HEICO-1.png) [Cook Defence Systems Acquired by HEICO](https://blog.janescapital.com/news-events/cook-defence-systems-has-been-acquired-by-heico) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Exo-Anduril-Tombstone.png) [ExoAnalytic Solutions Acquired by Anduril](https://blog.janescapital.com/news-events/exoanalytic-solutions-has-agreed-to-be-acquired-by-anduril) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/ScanfiberComposites.png) [Scanfiber Has Been Acquired by Fjord Defence](https://blog.janescapital.com/news-events/scanfiber-has-been-acquired-by-fjord-defence) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/TDG%20Undisclosed%20Tombstone.png) [TransDigm Group Acquires an Undisclosed Provider of Defense Products](https://blog.janescapital.com/news-events/transdigm-group-undisclosed-provider-defense-electronics) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/OSL%20Terma.png) [OSL Technology Has Been Acquired by Terma A/S](https://blog.janescapital.com/news-events/osl-acquired-by-terma) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/ACC-Arcline.png) [American Casting Company Receives Strategic Investment from Arcline](https://blog.janescapital.com/news-events/janes-capital-partners-advises-american-casting-company-on-its-strategic-investment-by-arcline) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Digital_Barriers_ARC_Group.png) [Digital Barriers Has Been Acquired by TJC-Backed ACR Group](https://blog.janescapital.com/news-events/digital-barriers-has-been-acquired-by-tjc-based-acr-group) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/HTS-BTX%20Precision.jpg) [High Tech Solutions Has Been Acquired By BTX Precision](https://blog.janescapital.com/news-events/high-tech-solutions-acquired-by-btx-precision) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Leichtwerk%20AG%20Rheinmetall.png) [Assets of Leichtwerk AG Acquired by Rheinmetall AG](https://blog.janescapital.com/news-events/assets-of-leichtwerk-ag-acquired-by-rheinmetall-ag) Read More ![](https://blog.janescapital.com/hubfs/JCP_Tombstones/ETL%20-%20IRT.png) [ETL Systems has acquired IRT Technologies](https://blog.janescapital.com/news-events/etl-systems-has-acquired-irt-technologies) Read More Load More Transactions Load More Transactions ### Janes Capital Partners Team Contact Information ![Picture2-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Picture2-1.jpeg?width=960&height=960&name=Picture2-1.jpeg) #### Stephen Perry *Managing Director* [Email Stephen](mailto:sperry@janescapital.com)[(949) 769-3323 x6901](tel:9497693323) ![Ken-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Ken-white-1-1.png?width=960&height=960&name=Ken-white-1-1.png) #### Ken Fukumoto *Director* [Email Ken](mailto:kfukumoto@janescapital.com) [(949) 769-3323 x6904](tel:9497693323) ![Chris-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Chris-white-1-1.png?width=1200&height=1200&name=Chris-white-1-1.png) #### Chris Reinecke *Vice President* [Email Chris](mailto:cwreinecke@janescapital.com) [(949) 769-3323 x6905](tel:9497693323) ![Bruce-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Bruce-white-1-1.png?width=1200&height=1200&name=Bruce-white-1-1.png) #### Bruce Renner *Analyst* [Email Bruce](mailto:brenner@janescapital.com) [(949) 769-3323 x6906](tel:9497693323) ### Subscribe to A&D Weekly #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/weekly-ad-news-transactions/08-19-2024&text=A%26amp%3BD+Weekly+News+%26amp%3B+Transactions+-+Week+33) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/weekly-ad-news-transactions/08-19-2024&t=A%26amp%3BD+Weekly+News+%26amp%3B+Transactions+-+Week+33) [Share on 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