Segment Reports

A&D Manufacturing M&A Transactions - February 2026

Written by Stephen Perry | March 2026

Download and read the February 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

  • Target: Netherlands-based Facet Filtration designs and manufactures advanced filtration and separation solutions used in aviation fuel, industrial fluids, and process applications. The company supports aircraft operators and industrial customers with filtration systems and replacement elements that ensure fluid purity, equipment protection, and reliable operational performance.

  • Buyer: Bloomington, IN-based Donaldson designs and manufactures advanced filtration systems and components used in aerospace, defense, and industrial fluid management applications. The company supports aircraft and engine platforms with filtration technologies that improve equipment protection, reliability, and operational performance.

  • Terms: Transaction announced on February 2, 2026. Purchase price is expected to be $820M, 7.6x and 20.0x FY2025A revenue and EBITDA, respectively.


  • Target: Newark, CA-based SVM Machining manufactures precision machined components and assemblies for aerospace, defense, and industrial customers requiring tight tolerances and advanced materials expertise. The company supports complex programs through multi-axis CNC machining, inspection, and repeatable production aligned with stringent quality standards.

  • Buyer: Newport Beach, CA-based PMGC manufactures precision machined components and assemblies supporting aerospace and defense applications requiring tight tolerances and advanced materials expertise. The company supports production programs through CNC machining, inspection, and disciplined quality systems aligned with aerospace requirements.

  • Terms: Transaction announced on February 3, 2026. Purchase price was $2.3M, 0.7x FY2024A revenue. 

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  • Target: Cincinnati, OH-based General Tool and Magna are collectively manufacturers of turnkey large functional assemblies and mission-critical components for private sector and U.S. federal government aerospace and defense markets. The companies' products have been utilized in a broad range of key platforms such as Columbia-class and Virginia-class submarines, Ford-class aircraft carriers, Arleigh Burke-class destroyers, the F-35 fighter jet, LTAMDS and Patriot missile defense systems, and the LRSO nuclear deterrent.

  • Buyer: Cincinnati, OH-based Aeron Defense develops engineered products and mission support solutions for aerospace and defense customers operating in demanding environments. The company focuses on specialized hardware and technical capabilities supporting critical defense applications.

  • Terms: Transaction announced on February 4, 2026. Terms not disclosed.

  • Target: France-based SDM manufactures precision sheet metal, fabricated assemblies, and engineered components for automotive, aerospace, and industrial customers. The company supports high-volume production through vertically integrated manufacturing, tooling, and supply chain capabilities tailored to global OEM programs.

  • Buyer: India-based Belrise manufactures precision sheet metal components, fabricated assemblies, and engineered structures for automotive and aerospace customers. The company supports high-volume production through vertically integrated manufacturing, tooling, and supply chain capabilities.

  • Terms: Transaction announced on February 4, 2026. Terms not disclosed.