--- title: Leading Advanced Defense System Designer with State-of-the-Art Design, Analytical, and Manufacturing Capabilities description: Janes Capital Partners served as Exclusive Financial Advisor to Frontier Systems, Inc. in its sale to The Boeing Company. image: https://blog.janescapital.com/hubfs/JCP_Tombstones/frontier_boeing.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) Case Studies #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/case-studies/frontier-systems&text=Leading+Advanced+Defense+System+Designer+with+State-of-the-Art+Design%2C+Analytical%2C+and+Manufacturing+Capabilities) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/case-studies/frontier-systems&t=Leading+Advanced+Defense+System+Designer+with+State-of-the-Art+Design%2C+Analytical%2C+and+Manufacturing+Capabilities) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/case-studies/frontier-systems&t=Leading+Advanced+Defense+System+Designer+with+State-of-the-Art+Design%2C+Analytical%2C+and+Manufacturing+Capabilities) # Leading Advanced Defense System Designer with State-of-the-Art Design, Analytical, and Manufacturing Capabilities by [**Stephen Perry**](https://blog.janescapital.com/case-studies/author/stephen-perry) on Nov 21, 2023 ![case-studies-frontier-systems](https://blog.janescapital.com/hs-fs/hubfs/Imported_Blog_Media/frontier_boeing.png?width=300&height=300&name=frontier_boeing.png)Janes Capital Partners served as Exclusive Financial Advisor to Frontier Systems, Inc. in its sale to The Boeing Company. Frontier Systems, Inc. is a leading advanced defense system designer with state-of-the-art design, analytical and manufacturing capabilities. The company’s founder, Abe Karem, was the original designer and developer of the Predator (now part of General Atomics), Shadow and A160T Hummingbird Unmanned Aerial Vehicles (UAVs). #### THE Challenge Despite its world-class engineering and design capabilities, Frontier Systems was truly a development stage company. At the time, its Vertical Takeoff and Landing (VTOL) UAVs were not in full production and, while highly valuable, the technology was still emerging and unproven. As expected, shareholders were intensely focused on confidentiality and secrecy given that the intellectual property had important standalone military UAV applications and myriad uses outside of UAVs.   #### THE SOLUTION Janes Capital Partners created and managed a comprehensive auction process involving a broad list of prospective buyers. By positioning the company as a growth opportunity that specialized in the future of military equipment for unmanned platforms, our professionals generated significant competitive tension among several major prime contractors. Our disciplined process and diligence management included controlled and buyer-specific release of sensitive information which helped maintain strict confidentiality and the release of information on a need-to-know basis.   #### THE RESULTS Janes Capital Partners created and maintained a highly competitive auction process for Frontier Systems. The significant competitive tension resulted in a number of upward purchase price revisions ensuring that shareholders realized full value for the company. Simultaneously, our senior bankers were involved in every step of the negotiation to ensure that legal terms and conditions were attractive and post-closing risk was minimized. #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/case-studies/frontier-systems&text=Leading+Advanced+Defense+System+Designer+with+State-of-the-Art+Design%2C+Analytical%2C+and+Manufacturing+Capabilities) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/case-studies/frontier-systems&t=Leading+Advanced+Defense+System+Designer+with+State-of-the-Art+Design%2C+Analytical%2C+and+Manufacturing+Capabilities) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/case-studies/frontier-systems&t=Leading+Advanced+Defense+System+Designer+with+State-of-the-Art+Design%2C+Analytical%2C+and+Manufacturing+Capabilities) - Recent - Topics Recent Topics [![Janes-Capital-Partners-25th-Year-Anniversary](https://blog.janescapital.com/hs-fs/hubfs/25-Year-White.png?width=100&height=81&name=25-Year-White.png "Janes-Capital-Partners-25th-Year-Anniversary")](https://www.janescapital.com/) ##### Janes Capital Partners, Inc. 100 Spectrum Center Drive, Suite 460 Irvine, CA 92618 [(949) 769-3323](tel:9497693323) About Us - [Who We Are](https://www.janescapital.com/who-we-are) - [Our Services](https://www.janescapital.com/aerospace-defense-advisory-services) - [Our Team](https://www.janescapital.com/our-team) - [Our History](https://www.janescapital.com/who-we-are#our-history) - [Our Approach](https://www.janescapital.com/who-we-are#our-approach) - [Testimonials](https://www.janescapital.com/testimonials) 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) - [Client Case Studies](https://blog.janescapital.com/case-studies) News & Events - [Recent Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) - [News & Past Events](https://blog.janescapital.com/news-events) Resources - [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) - [General Inquiries](https://www.janescapital.com/contact-us) - [Privacy Policy](https://www.janescapital.com/privacy-policy) - [Business Continuity](https://www.janescapital.com/business-continuity-plan) [![janes-capital-parnters-oaklins-member-firm](https://blog.janescapital.com/hs-fs/hubfs/oaklins_white.png?width=146&height=60&name=oaklins_white.png)](https://www.oaklins.com/us/en/industry/aerospace-defense-security/)   Copyright © 2021 - 2026 Janes Capital Partners, Inc. & JCP Securities, Inc.   Securities offered through JCP Securities, Inc., Broker/Dealer, Member [FINRA](https://brokercheck.finra.org/firm/summary/140318) and [SIPC.](https://www.sipc.org/) Additional information regarding the investment professionals at Janes Capital Partners may be found using [FINRA's BrokerCheck](https://brokercheck.finra.org/). ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Stephen Perry", "url" : "https://blog.janescapital.com/case-studies/author/stephen-perry" }, "dateModified" : "2024-02-26T20:32:53.657Z", "datePublished" : "2023-11-21T18:18:05.000Z", "headline" : "Leading Advanced Defense System Designer with State-of-the-Art Design, Analytical, and Manufacturing Capabilities", "image" : [ "https://blog.janescapital.com/hubfs/JCP_Tombstones/frontier_boeing.png" ], "mainEntityOfPage" : { "@id" : "https://blog.janescapital.com/case-studies/frontier-systems", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.janescapital.com/hubfs/JCP-Logo-Color.png" }, "name" : "Janes Capital Partners, Inc" } } ```