Defense Electronics M&A Transactions - September 2025

Download and read the September 2025 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
a portfolio company of		Target: Chino, CA-based Interconnect Solutions Company designs and manufactures custom and complex interconnect solutions for private sector and U.S. federal government aerospace and defense markets. The company's expertise includes cable assemblies, harnesses, custom overmolded solutions, and molded strain reliefs. Buyer: San Francisco, CA-based Cogenuity Partners is a private equity firm specializing in recapitalizations and buyouts within industrial, aerospace, and value-added manufacturing markets. The company partners with founders and management to support growth, operational improvement, and strategic scaling. Terms: Transaction announced on September 3, 2025. Terms not disclosed.
		Target: Camarillo, CA-based Attollo Engineering is a developer of infrared technologies and sensors for private sector and U.S. federal government aerospace and defense markets. The company specializes in shortwave infrared (SWIR) and midwave infrared (MWIR) imaging systems and laser sensing technologies. Buyer: Arlington, VA-based Safran Defense & Space (U.S. subsidiary of the French multinational aerospace company Safran) is a provider of propulsion systems, avionics, sensors, and mission electronics for space and defense applications. The company delivers integrated solutions for satellite propulsion, control systems, and embedded electronics. Terms: Transaction announced on September 4, 2025. Terms not disclosed.
	a portfolio company of	Target: Manassas, VA-based RapidFlight is a provider of integrated end-to-end unmanned aircraft systems for private sector and U.S. federal government aerospace, defense, and environmental markets. The company's M2 platform is an ultra-high endurance, fixed wing UAS designed for any environment, equipped with 23-60lb payload capacity and provides flexibility with the ability to carry EO/IR, SAR, SIGINT and communication relay payloads. Buyer: Solana Beach, CA-based AEVEX Aerospace is an aerospace services company providing intelligence, surveillance, reconnaissance (ISR), and solutions engineering to defense and government customers. The company integrates sensors, processing, communications, and systems to support mission-critical operations. Terms: Transaction announced on September 4, 2025. Terms not disclosed.
		Target: Pleasanton, CA-based Vector Atomic is a developer of rackmount optical atomic clocks, gravimeters, and advanced quantum inertial sensors for positioning, navigation, and timing (PNT) applications in private sector and U.S. federal government aerospace, defense, and maritime markets. The company's PNT systems enable ultra-precise detection and reliable navigation immune to signal jamming, and other types of cyber threats. Buyer: College Park, MD-based IonQ is a quantum computing company specializing in trappedion quantum hardware, software, and cloud-based access platforms. The company develops full-stack quantum solutions targeting commercial, industrial, and research applications. Terms: Transaction announced on September 17, 2025. Purchase price is expected to be $390M.