Download and read the May 2024 issue of the A&D Manufacturing Monthly, covering the latest M&A deal activity and valuation trends in the aerospace & defense manufacturing sector, which includes companies with capabilities such as precision machining, forming, sheet metal fabrication, tube bending, welding, brazing, plating, heat treatment, metal finishing, injection molding, composite manufacturing, testing, inspection and assembly. Sign up for the A&D Manufacturing Monthly distribution list to stay up-to-date on the headline acquisitions impacting your market and the current dynamics of the publicly traded strategic companies within the industry.
Key A&D Manufacturing Deals Announced
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Buyer
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Description
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a portfolio company of
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Target: Lewisville, TX-based Owens Machine and Tool is a job shop specializing in CNC machining of titanium and nickel alloys as well as a complete range of materials. The company’s capabilities include singular components, assemblies, full-service CNC and multi-axis machining, and optimization.
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Buyer: Dallas, TX-based Precision Aerospace is a platform company created by CIC Partners to acquire parts manufacturing businesses in the aerospace and defense sector. The company targets businesses that utilize sophisticated CNC and EDM tight tolerance machining.
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Terms: Transaction announced on May 3, 2024. Terms not disclosed.
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Target: Sylmar, CA-based Llamas Plastics is a provider of plastic parts and components, including line items of canopy transparencies. The company manufactures canopies, windshields, window panels, cabin windows, and wing tip lenses for military and commercial aircraft. The company’s core capabilities include custom tooling, composites, and stretched
acrylic.
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Buyer: Wichita, KS-based Lee Aerospace is a designer and manufacturer of aircraft windows (transparencies), aerostructures and assemblies (including sheet metal and composite structures).
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Terms: Transaction announced on May 8, 2024. Terms not disclosed
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a portfolio company of
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Target: Piscataway, NJ-based National Manufacturing is a provider of precision deep and shallow drawn enclosures and metal components, high-speed CNC milling and turning, and wire EDM and sinker capabilities to private sector and U.S. federal government aerospace & defense, electronics and industrial markets. The company has numerous value-added finishing operations, including plating, anodizing, painting, powder coating, welding, and riveting.
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Buyer: Waterbury, CT-based PrecisionX is a provider of high-reliability, precision metal components for the aerospace, defense, satellite, medical, EV, mining, and semiconductor sectors. The company’s capabilities include deep drawing, coining, bending, curling, forming, piercing and shaving, milling, grinding, slotting, bending, and crimping.
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Terms: Transaction announced on May 28, 2024. Terms not disclosed.
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