---
title: Defense Electronics M&A Transactions - June 2024
description: Stay updated on the latest defense electronics insights, M&A deals, and valuation trends in the sector with the June 2024 edition of Defense Electronics Monthly.
image: https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_June-24/Defense%20Electronics%20Monthly%20Cover%20-%20June-24.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)

<https://blog.janescapital.com/segment-reports> Segment Reports

#### Share this

[Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/segment-reports/defense-electronics/06-2024&text=Defense+Electronics+M%26amp%3BA+Transactions+-+June+2024) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/segment-reports/defense-electronics/06-2024&t=Defense+Electronics+M%26amp%3BA+Transactions+-+June+2024) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/segment-reports/defense-electronics/06-2024&t=Defense+Electronics+M%26amp%3BA+Transactions+-+June+2024)

# Defense Electronics M&A Transactions - June 2024

 by **[Stephen Perry](https://blog.janescapital.com/segment-reports/author/stephen-perry)** 

![](https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_June-24/Defense%20Electronics%20Monthly%20Cover%20-%20June-24.png)

 

[Download Report](https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_June-24/JCP%20Monthly_Def%20Elec%20-%20Jun-24%20v1.pdf)

Download and read the June 2024 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 |
| --- | --- | --- |
|   ![Nordic-Drones](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Nordic-Drones.png?width=102&height=26&name=Nordic-Drones.png)   | ![Patria](https://blog.janescapital.com/hs-fs/hubfs/Patria.png?width=99&height=51&name=Patria.png) | - Target: Finland-based Nordic develops and manufactures unmanned aerial systems for private sector and international government homeland security markets. The company's products are used in various authority use in the security sector as well as data collection, mapping, measurement and inspection tasks. - Buyer: Finland-based Patria is a provider of defense, security and aviation life cycle support services, technology solutions and pilot training. The company provides its aerospace and military customers with equipment availability, continuous performance development - Terms: Transaction announced on June 13, 2024. Terms not disclosed. |
| ![CAES](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/CAES.png?width=78&height=17&name=CAES.png) a portfolio company of ![Advent-International](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Advent-International.png?width=112&height=43&name=Advent-International.png) |   ![Honeywell_Logo-1](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Honeywell_Logo-1.png?width=105&height=18&name=Honeywell_Logo-1.png)   | - Target: Arlington, VA-based CAES provides systems that move data through off-the-shelf and customized products including RF, microwave, and high reliability microelectronics, antenna subsystems and motion control. The company provides Electronic Attack (EA), Electronic Protection (EP), and Electronic Warfare Support (EP) capabilities specifically designed and built for air, land and maritime operations. - Buyer: Charlotte, NC-based Honeywell is a provider of aerospace products and services, control technologies for buildings, homes and industry, automotive products, power generation systems, specialty chemicals, fibers, plastics, and advanced materials. - Terms: Transaction announced on June 20, 2024. The purchase price is expected to be $1.9B, 14.0x FY2024P EBITDA. |
|   ![Gresham-Worldwide](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Gresham-Worldwide.png?width=101&height=48&name=Gresham-Worldwide.png)   | ![AULT-Disruptive](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/AULT-Disruptive.png?width=107&height=38&name=AULT-Disruptive.png) | - Target: Las Vegas, NV-based Gresham is a provider of high-quality, high-reliability bespoke technology solutions required for mission critical applications in the defense, medical and telecommunications verticals. The company specializes in the distribution of electronic components. - Buyer: Scottsdale, AZ-based Ault Disruptive is a Special Purpose Acquisition Company ("SPAC") whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, or similar business combination with one or more businesses. - Terms: Transaction announced on June 24, 2024. The purchase price is expected to be $83M, 2.1x TTM Mar-24 revenue. |
| ![High_Point_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/High_Point_Logo.png?width=93&height=59&name=High_Point_Logo.png) a portfolio company of ![Highlander-Partners-Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Highlander-Partners-Logo.gif?width=110&height=33&name=Highlander-Partners-Logo.gif) | ![Dzyne](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Dzyne.png?width=99&height=52&name=Dzyne.png) a portfolio company of ![Highlander-Partners-Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly_AD/Logos/Highlander-Partners-Logo.gif?width=110&height=33&name=Highlander-Partners-Logo.gif) | - Target: Dallas, TX-based High Point is a developer and manufacturer of autonomous defense and robotic systems for multi-mission capabilities in private sector and U.S. federal government aerospace, defense, homeland security, and critical infrastructure markets. The company develops scalable, interoperable software and is a prime integrator for sensors and effectors for multi-domain operations. - Buyer: Fairfax, VA-based DZYNE Technologies designs, develops, and produces advanced Group I-V UAS platforms and analytic systems. The company's core capabilities include tube-launched and rotor unmanned UAS, composites fabrication, assembly, and aircraft integration. - Terms: Transaction announced on June 27, 2024. Terms not disclosed. DZYNE and High Point are both portfolio companies of Highlander. |

 

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/06-2024&text=Defense+Electronics+M%26amp%3BA+Transactions+-+June+2024) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/segment-reports/defense-electronics/06-2024&t=Defense+Electronics+M%26amp%3BA+Transactions+-+June+2024) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/segment-reports/defense-electronics/06-2024&t=Defense+Electronics+M%26amp%3BA+Transactions+-+June+2024)

- 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

- [September 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/09)
- [August 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/08)
- [July 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/07)
- [June 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/06)
- [May 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/05)
- [April 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/04)
- [March 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/03)
- [February 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/02)
- [January 2026 (3)](https://blog.janescapital.com/segment-reports/archive/2026/01)
- [December 2025 (4)](https://blog.janescapital.com/segment-reports/archive/2025/12)
- [November 2025 (2)](https://blog.janescapital.com/segment-reports/archive/2025/11)
- [October 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/10)
- [September 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/09)
- [August 2025 (4)](https://blog.janescapital.com/segment-reports/archive/2025/08)
- [July 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/07)
- [June 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/06)
- [May 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/05)
- [April 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/04)
- [March 2025 (4)](https://blog.janescapital.com/segment-reports/archive/2025/03)
- [February 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/02)
- [January 2025 (3)](https://blog.janescapital.com/segment-reports/archive/2025/01)
- [December 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/12)
- [November 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/11)
- [October 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/10)
- [September 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/09)
- [August 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/08)
- [July 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/07)
- [June 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/06)
- [May 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/05)
- [April 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/04)
- [March 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/03)
- [February 2024 (3)](https://blog.janescapital.com/segment-reports/archive/2024/02)
- [January 2024 (2)](https://blog.janescapital.com/segment-reports/archive/2024/01)
- [November 2023 (1)](https://blog.janescapital.com/segment-reports/archive/2023/11)
- [October 2023 (1)](https://blog.janescapital.com/segment-reports/archive/2023/10)

See all

### Subscribe to Segment Monthlies

[![Janes-Capital-Partners-25th-Year-Anniversary](https://blog.janescapital.com/hs-fs/hubfs/25-Year-White.png?width=100&height=81&name=25-Year-White.png "Janes-Capital-Partners-25th-Year-Anniversary")](https://www.janescapital.com/)

##### Janes Capital Partners, Inc.

100 Spectrum Center Drive, Suite 460  
Irvine, CA 92618

[(949) 769-3323](tel:9497693323)

About Us

- [Who We Are](https://www.janescapital.com/who-we-are)
- [Our Services](https://www.janescapital.com/aerospace-defense-advisory-services)
- [Our Team](https://www.janescapital.com/our-team)
- [Our History](https://www.janescapital.com/who-we-are#our-history)
- [Our Approach](https://www.janescapital.com/who-we-are#our-approach)
- [Testimonials](https://www.janescapital.com/testimonials)

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)
- [Client Case Studies](https://blog.janescapital.com/case-studies)

News & Events

- [Recent Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions)
- [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events)
- [News & Past Events](https://blog.janescapital.com/news-events)

Resources

- [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect)
- [General Inquiries](https://www.janescapital.com/contact-us)
- [Privacy Policy](https://www.janescapital.com/privacy-policy)
- [Business Continuity](https://www.janescapital.com/business-continuity-plan)

[![janes-capital-parnters-oaklins-member-firm](https://blog.janescapital.com/hs-fs/hubfs/oaklins_white.png?width=146&height=60&name=oaklins_white.png)](https://www.oaklins.com/us/en/industry/aerospace-defense-security/)

 

Copyright © 2021 - 2026 Janes Capital Partners, Inc. & JCP Securities, Inc.

 

Securities offered through JCP Securities, Inc., Broker/Dealer, Member [FINRA](https://brokercheck.finra.org/firm/summary/140318) and [SIPC.](https://www.sipc.org/)  
Additional information regarding the investment professionals at Janes Capital Partners may be found using [FINRA's BrokerCheck](https://brokercheck.finra.org/).

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Stephen Perry",
    "url" : "https://blog.janescapital.com/segment-reports/author/stephen-perry"
  },
  "dateModified" : "2024-07-10T13:30:00.732Z",
  "datePublished" : "2024-07-10T13:30:00.000Z",
  "headline" : "Defense Electronics M&A Transactions - June 2024",
  "image" : [ "https://blog.janescapital.com/hubfs/Monthly_Defense_Electronics/Monthly_Defense_Electronics_June-24/Defense%20Electronics%20Monthly%20Cover%20-%20June-24.png" ],
  "mainEntityOfPage" : {
    "@id" : "https://blog.janescapital.com/segment-reports/defense-electronics/06-2024",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://blog.janescapital.com/hubfs/JCP-Logo-Color.png"
    },
    "name" : "Janes Capital Partners, Inc"
  }
}
```