Segment Reports

A&D Manufacturing M&A Transactions - May 2026

Written by Stephen Perry | June 2026

Download and read the May 2026 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

Target
Buyer
Description


a portfolio company of




a portfolio company of


  • Target: Apex, NC-based Accu-Tool is a manufacturer of complex precision components for private sector and U.S. federal government aerospace, industrial, medical, and semiconductor markets. The company's capabilities include 3, 3+2, and 4-axis CNC milling and turning, Wire and EDM, bead blasting and grinding, and full part inspection and documentation.

  • Buyer: Charlotte, NC-based Compass Precision operates a portfolio of precision manufacturing businesses serving aerospace, defense, space, and industrial customers. The company supports complex programs through machining, fabrication, assembly, and specialized manufacturing capabilities across its operating companies.

  • Terms: Transaction announced on May 5, 2026. Terms not disclosed.




  • Target: Italy-based Mecaer Aviation designs and manufactures landing systems, actuation systems, and cabin interior components for fixed wing and rotary aircraft platforms. The company supports commercial and defense aviation programs with integrated engineering, certification, and aftermarket support capabilities.

  • Buyer: France-based PAI Partners is a private equity firm focused on investing in market-leading businesses across industrial, business services, and consumer sectors. The company partners with management teams to support operational improvement, strategic growth, and long-term value creation.

  • Terms: Transaction announced on May 5, 2026. Terms not disclosed.


a portfolio company of


  • Target: Lake Mills, WI-based Aztalan is a manufacturer of tight-tolerance machined components and assemblies for private sector and U.S. federal government energy, medical, and robotics markets. The company's capabilities include CNC milling, turning, Swiss machining, assembly, and ultrasonic cleaning.

  • Buyer: Elk Grove Village, IL-based BTX Precision manufactures tight-tolerance machined components and assemblies for aerospace and defense applications, supporting structural, mechanical, and system-level programs. The company emphasizes complex CNC machining, advanced materials, and rigorous quality control to meet demanding OEM and Tier One requirements.

  • Terms: Transaction announced on May 7, 2026. Terms not disclosed.



  • Target: Willow Grove, PA-based Evaporated Coatings manufactures precision optical thin-film coatings for aerospace, defense, life sciences, semiconductor, and industrial applications. The company provides ion beam sputtering, anti-reflective coatings, mirrors, beamsplitters, filters, and related optical coating solutions designed for stable performance in demanding environments.

  • Buyer: France-based HEF Photonics develops and manufactures advanced optical coatings and thin-film technologies for aerospace, defense, semiconductor, and industrial applications. The company supports precision optical systems through specialized deposition processes and engineered coating solutions.

  • Terms: Transaction announced on May 11, 2026. Terms not disclosed.