Defense Electronics M&A Transactions - February 2026

Download and read the February 2026 issue of the Defense Electronics Monthly, covering the latest M&A deal news and valuation trends in the defense electronics sector, including activity in segments such as C4ISR and electronic warfare, rugged electronics, RF & microwave, embedded computing, interconnects, microelectronics & semiconductor and test & measurement. Sign up for the Defense Electronics 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 Defense Electronics Deals Announced

Target	Buyer	Description
		Target: United Kingdom-based Rotron is a developer of advanced unmanned aerial systems and long-range autonomous platforms for extended-reach operations and autonomous strike missions in private sector and international government aerospace and defense markets. The company's portfolio includes long-endurance dual-use vertical take-off and landing (VTOL) systems and next-generation uncrewed combat aerial vehicles (UCAVs) designed for precision autonomous engagement and extended operational reach. Buyer: Sunnyvale, CA-based Ondas develops secure wireless communications platforms and autonomous systems supporting industrial, aerospace, and defense applications. The company provides mission-critical data links, drone systems, and network solutions designed for resilient operations in contested environments. Terms: Transaction announced on February 2, 2026. Terms not disclosed.
	a portfolio company of	Target: Warrenton, VA-based Bcubed is a provider of end-to-end command, control, and communications (C3) systems which enable resilient, integrated operations across space, ground, and tactical environments for private sector and U.S. federal government defense and special operations markets. The company specializes in digital ground systems, cloud native command and control platforms, software defined satellite communications, machine learning development, open-source software (OSS), and commercial off-the-shelf (COTS) technologies. Buyer: Chevy Chase, MD-based Auria Space provides engineering, integration, and mission support services for national security space and intelligence programs. The company supports satellite systems, ground systems, and space domain awareness missions through advanced software, systems engineering, and data analytics capabilities. Terms: Transaction announced on February 3, 2026. Terms not disclosed.
a portfolio company of		Target: Alvarado, TX-based Sabre is a provider of a broad array of highly engineered products for the wireless communications and electric transmission and distribution ("T&D") infrastructure markets. Sabre's products, include towers, monopoles, transmission structures, wood pole equivalents, shelters and ancillary components, are critical to the development, expansion and maintenance of both wireless communications networks and electric T&D systems. Buyer: Sioux City, IA-based TPG is a global investment firm with exposure to aerospace, defense, and technology-enabled businesses across private equity and growth platforms. The company partners with management teams to drive operational improvement and strategic growth in complex, mission-critical sectors. Terms: Transaction announced on February 6, 2026. Terms not disclosed.
		Target: Kalispell, MT-based Nomad GCS develops mobile ground control stations and mission support systems for unmanned aircraft and defense applications. The company provides ruggedized command, control, and communications solutions designed for rapid deployment and field operations. Buyer: San Diego, CA-based Kratos develops advanced defense systems including unmanned aerial systems, satellite communications, and electronic warfare technologies. The company supports U.S. defense and national security missions with high-performance systems designed for affordability and rapid deployment. Terms: Transaction announced on February 12, 2026. Purchase price was $110M.