--- title: Defense Electronics M&A Transactions - April 2025 description: Stay updated on the latest defense electronics insights, M&A deals, and valuation trends in the sector with the April 2025 edition of Defense Electronics Monthly. image: https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_Apr-25/Defense%20Electronics%20Monthly%20Cover%20-%20April%202025.png --- [![Janes Capital Partners](https://blog.janescapital.com/hs-fs/hubfs/JCP-Logo-Color.png?width=700&height=86&name=JCP-Logo-Color.png "Janes Capital Partners")](https://www.janescapital.com/) [![Janes Capital Partners](https://blog.janescapital.com/hs-fs/hubfs/JCP-Logo-Color.png?width=720&height=89&name=JCP-Logo-Color.png "Janes Capital Partners")](https://www.janescapital.com/) - [Who We Are](https://www.janescapital.com/who-we-are) - [Advisory Services](https://www.janescapital.com/aerospace-defense-advisory-services) - Transactions - [Our Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Case Studies](https://blog.janescapital.com/case-studies) - Industry Insights - [Key Aerospace & Defense Insights](https://blog.janescapital.com/key-insights) - [A&D Quarterly Reports](https://blog.janescapital.com/quarterly-reports) - [Segment Reports](https://www.janescapital.com/segment-reports) - [A&D Weekly Reports](https://blog.janescapital.com/weekly-ad-news-transactions) - News & Events - [News & Past Events](https://blog.janescapital.com/news-events) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) - [Who We Are](https://www.janescapital.com/who-we-are) - [Advisory Services](https://www.janescapital.com/aerospace-defense-advisory-services) - Transactions - [Our Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Case Studies](https://blog.janescapital.com/case-studies) - Industry Insights - [Key Aerospace & Defense Insights](https://blog.janescapital.com/key-insights) - [A&D Quarterly Reports](https://blog.janescapital.com/quarterly-reports) - [Segment Reports](https://www.janescapital.com/segment-reports) - [A&D Weekly Reports](https://blog.janescapital.com/weekly-ad-news-transactions) - News & Events - [News & Past Events](https://blog.janescapital.com/news-events) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) Segment Reports #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/segment-reports/defense-electronics/04-2025&text=Defense+Electronics+M%26amp%3BA+Transactions+-+April+2025) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/segment-reports/defense-electronics/04-2025&t=Defense+Electronics+M%26amp%3BA+Transactions+-+April+2025) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/segment-reports/defense-electronics/04-2025&t=Defense+Electronics+M%26amp%3BA+Transactions+-+April+2025) # Defense Electronics M&A Transactions - April 2025 by **[Stephen Perry](https://blog.janescapital.com/segment-reports/author/stephen-perry)** ![](https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_Apr-25/Defense%20Electronics%20Monthly%20Cover%20-%20April%202025.png)   [Download Report](https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_Apr-25/JCP%20Monthly_Def%20Elec%20-%20Apr-25%20vF.pdf) Download and read the April 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 | | --- | --- | --- | | ![Signals Defense](https://blog.janescapital.com/hs-fs/hubfs/Signals%20Defense.png?width=106&height=25&name=Signals%20Defense.png) |   ![Lockmasters Incorporated](https://blog.janescapital.com/hs-fs/hubfs/Lockmasters%20Incorporated.png?width=106&height=25&name=Lockmasters%20Incorporated.png) a portfolio company of ![Dominus Capital](https://blog.janescapital.com/hs-fs/hubfs/Dominus%20Capital.jpg?width=2700&height=430&name=Dominus%20Capital.jpg) | - Target: Owings Mills, MD-based Signals Defense is a provider of radio frequency and infrared shielding solutions for private sector and U.S. federal government aerospace, defense, and intelligence markets. The company's patented window technology meet TEMPEST requirements for the intelligence community directive ICD 705 and the DoD Infrared and Radio Frequency Emanation Protection Standards. - Buyer: Nicholasville, KY-based Lockmasters is a provider of physical security products and training, specializing in safe locks, tools, specialty doors, and educational services for government and commercial clients. The company also offers RF shielding solutions for secure facilities. - Terms: Transaction announced on April 2, 2025. Terms not disclosed. | | ![Malaga Aerospace Defense & Electronics Systems (MADES)](https://blog.janescapital.com/hs-fs/hubfs/Malaga%20Aerospace%20Defense%20%26%20Electronics%20Systems%20(MADES).png?width=154&height=37&name=Malaga%20Aerospace%20Defense%20%26%20Electronics%20Systems%20(MADES).png) a portfolio company of ![SearchLight](https://blog.janescapital.com/hs-fs/hubfs/SearchLight.png?width=1200&height=669&name=SearchLight.png) | ![Cicor](https://blog.janescapital.com/hs-fs/hubfs/Cicor.png?width=106&height=49&name=Cicor.png) | - Target: Spain-based Malaga Aerospace Defense & Electronics Systems (MADES) is a developer, integrator, and manufacturer of high-reliability electronic systems for private sector and international government aerospace and defense markets. Specific products include circuit card assemblies, precision opto-electronics, radio frequency identification and micro-electronic components.  - Buyer: Switzerland-based Cicor Group is a provider of full-cycle electronic solutions, specializing in the design, manufacturing, and supply chain management of mission-critical systems for aerospace and defense applications. The company supports strategic international programs through its global network of engineering and production facilities. - Terms: Transaction announced on April 4, 2025. Terms not disclosed. | |   ![Bugeye Technologies](https://blog.janescapital.com/hs-fs/hubfs/Bugeye%20Technologies.png?width=106&height=106&name=Bugeye%20Technologies.png)   | ![J.F. Taylor](https://blog.janescapital.com/hs-fs/hubfs/J.F.%20Taylor.png?width=2701&height=751&name=J.F.%20Taylor.png) | - Target: Union, MO-based Bugeye Technologies is a developer and manufacturer of flight simulation hardware and custom electro-mechanical assemblies for private sector and U.S. federal government aerospace and defense markets. The company specializes in flight controls, ground vehicle controls, avionics, displays, light panels, ejection seats, rudder pedals, cockpits and control loading for rotary wing aircraft including AH-64, H-60, and H-47, and fixed wing aircraft such as the F-16, F-22, and F-35. - Buyer: Great Mills, MD-based J.F. Taylor is an engineering and manufacturing company specializing in systems engineering, avionics integration, and simulation for military aviation programs. The company provides services including conceptual design, system development, and flight testing for DoD projects. - Terms: Transaction announced on April 7, 2025. Terms not disclosed. | | ![Redbird Aero](https://blog.janescapital.com/hs-fs/hubfs/Redbird%20Aero.png?width=126&height=50&name=Redbird%20Aero.png) | ![Skyports Drone Services](https://blog.janescapital.com/hs-fs/hubfs/Skyports%20Drone%20Services.webp?width=117&height=30&name=Skyports%20Drone%20Services.webp) | - Target: Australia-based Redbird Aero is a provider of aeromedical cargo and drone services, specializing in the rapid delivery of critical medical supplies, including medicines, vaccines, and pathology samples, to underserved regions. The company also offers infrastructure inspection and disaster relief operations using heavy-lift unmanned aircraft systems. - Buyer: United Kingdom-based Skyports Drone Services is a drone operator specializing in all-electric delivery and inspection services for commercial and industrial clients. The company offers scalable drone operations, including infrastructure inspections and logistics support. - Terms: Transaction announced on April 16, 2025. Terms not disclosed. |   Segment: [Defense & Space Tech](https://blog.janescapital.com/segment-reports/tag/defense-space-tech) #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/segment-reports/defense-electronics/04-2025&text=Defense+Electronics+M%26amp%3BA+Transactions+-+April+2025) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/segment-reports/defense-electronics/04-2025&t=Defense+Electronics+M%26amp%3BA+Transactions+-+April+2025) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/segment-reports/defense-electronics/04-2025&t=Defense+Electronics+M%26amp%3BA+Transactions+-+April+2025) - Recent - Segments - Archive Recent Topics - [A&D Manufacturing (35)](https://blog.janescapital.com/segment-reports/tag/ad-manufacturing) - [Defense & Space Tech (34)](https://blog.janescapital.com/segment-reports/tag/defense-space-tech) - [A&D Aftermarket (33)](https://blog.janescapital.com/segment-reports/tag/ad-aftermarket) Archive - 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