---
title: A&D Weekly News & Transactions - Week 11
description: The JCP A&D Weekly Report from Monday, March 17th, 2025 covers significant developments in the aerospace and defense industry.
image: https://blog.janescapital.com/hubfs/Weekly%20AD%20-%20New/A%26D%20Weekly%20Recap%20-%20Week%2011%20(3.17.25).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/weekly-ad-news-transactions> A&D Weekly Reports

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# A&D Weekly News & Transactions - Week 11

 by **[Stephen Perry](https://blog.janescapital.com/weekly-ad-news-transactions/author/stephen-perry)** 

![](https://blog.janescapital.com/hubfs/Weekly%20AD%20-%20New/A%26D%20Weekly%20Recap%20-%20Week%2011%20(3.17.25).png)

 

### Industry Headline News

![Collins-Aerospace](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/Collins-Aerospace.png?width=500&height=500&name=Collins-Aerospace.png)

**Collins Aerospace has opened a new Engineering Development and Test Center in Bengaluru to enhance local testing, certification, and product development***Mar. 16, 2025 -* The facility will simulate extreme conditions to improve product design and support avionics, advanced structures, interiors, and power systems, with plans to expand across RTX businesses. This investment strengthens Collins' presence in India, creating skilled jobs and aligning with the 'Make in India' initiative. [(Aviation Week)](https://aviationweek.com/mro/supply-chain/collins-aerospace-opens-bengaluru-engineering-facility?check_logged_in=1)

Collins Aerospace has opened a new Engineering Development and Test Center in Bengaluru to enhance local testing, certification, and product development Mar. 16, 2025 - The facility will simulate extreme conditions to improve product design and support avionics, advanced structures, interiors, and power systems, with plans to expand across RTX businesses. This investment strengthens Collins' presence in India, creating skilled jobs and aligning with the 'Make in India' initiative. (Aviation Week)

![GE-Aerospace](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/GE-Aerospace.png?width=500&height=500&name=GE-Aerospace.png)

**GE Aerospace secured a U.S. Air Force contract worth up to $5B to supply F110-GE-129 engines for F-15 and F-16 fighter jets under an IDIQ agreement***Mar. 14, 2025 -* This deal supports the U.S. government's foreign military sales program. Additionally, GE plans to invest nearly $1 billion in its U.S. factories and supply chain in 2025 to enhance manufacturing and technology development. [(Reuters)](https://www.reuters.com/business/aerospace-defense/ge-aerospace-secures-18-billion-us-air-force-contract-2025-03-14/)

GE Aerospace secured a U.S. Air Force contract worth up to $5B to supply F110-GE-129 engines for F-15 and F-16 fighter jets under an IDIQ agreement Mar. 14, 2025 - This deal supports the U.S. government's foreign military sales program. Additionally, GE plans to invest nearly $1 billion in its U.S. factories and supply chain in 2025 to enhance manufacturing and technology development. (Reuters)

![US\_Army\_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/US_Army_Logo.png?width=1813&height=1814&name=US_Army_Logo.png)

**The U.S. Army has awarded 10 companies a potential 10-year, $4.19B contract to produce aerostats, tethered platforms, and elevated sensors**   
*Mar. 14, 2025 -* The contract, managed by the Army Contracting Command at Aberdeen Proving Ground, will allocate funding and work locations per task order. Work is expected to continue through March 12, 2035, with awardees including Leidos, Raytheon (RTX), QinetiQ, and others. [(GovCon Wire)](https://d4jl4q04.na1.hs-sales-engage.com/Ctc/OT+23284/d4JL4q04/Jll2-6qcW7Y8-PT6lZ3ngW8g2DYM8QXYhbW88Smg38ZQpBBMjgYNXl-ZXcW7ZDFnB8js4m5VvG0MW3sbSSHW1xZyvW409tKFM7HsjhKShzpW7dbp3F67csGNW1_yWKv6FpzDYW6KrhjC5gLB_3VvdHXc3WZF4gW8Tfr8M7bxXc0W3pxkTp4hps4_W51Swsv4p_4WmW9k4PpD5wsPsDW49P5Nt2kxcDmV8P7t0760rhlN6pCbYdjkQVGW7fb0yN5XqJ6DW46mNpS7y7p14W36WfPN7rQKbnW7hsWkj8bSTTPW99VRw-8nBCyRW8YHS4S5nL873W493FZl6t2bHjW7Z6rql8QstMXdFcQxH04)

The U.S. Army has awarded 10 companies a potential 10-year, $4.19B contract to produce aerostats, tethered platforms, and elevated sensors Mar. 14, 2025 - The contract, managed by the Army Contracting Command at Aberdeen Proving Ground, will allocate funding and work locations per task order. Work is expected to continue through March 12, 2035, with awardees including Leidos, Raytheon (RTX), QinetiQ, and others. (GovCon Wire)

![Collins-Aerospace](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/Collins-Aerospace.png?width=500&height=500&name=Collins-Aerospace.png)

**Collins Aerospace will lay off 160 workers, including those at its Cedar Rapids campus, effective April 14th**  
*Mar. 14, 2025 -* The company states that the job cuts are part of a global effort to reduce costs, streamline operations, and reinvest in high-priority aerospace programs. [(KWWL)](https://www.kwwl.com/news/cedar-rapids/collins-aerospace-to-lay-off-160-workers-in-april/article_6d289204-0028-11f0-a7fb-dfb791413514.html)

Collins Aerospace will lay off 160 workers, including those at its Cedar Rapids campus, effective April 14th Mar. 14, 2025 - The company states that the job cuts are part of a global effort to reduce costs, streamline operations, and reinvest in high-priority aerospace programs. (KWWL)

![Pratt&Whitney\_Logo](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/Pratt%26Whitney_Logo.png?width=500&height=500&name=Pratt%26Whitney_Logo.png)

**Pratt & Whitney secured a three-year, $1.5B contract to sustain F119 engines for the US Air Force’s F-22 fighter jets, aiming to enhance readiness and reduce costs**   
*Mar. 13, 2025 -* The company is improving engine reliability, efficiency, and lifespan through its Usage Based Lifing program and control schedule updates, ensuring the F-22 maintains its combat edge. This initiative supports safety, availability, and modernization while leveraging the F-22’s supercruise capability for superior speed and agility. [(Machinery Market)](https://d4jl4q04.na1.hs-sales-engage.com/Ctc/OT+23284/d4JL4q04/JlY2-6qcW95jsWP6lZ3m_N88Z37QYyDWfW1KhDqz72P5t-W29m-0Z7d2m75VKH0Tj2-QglqVtm-Kw35hqVQW8301xF33dPwyW2JS_PG3jDd2mW704d603CWccmW3sF0MB23tMtMW5FGckn6ydPWFW8NHPZn78cHP-W7FVXB23-sJ--W3BkVF78c4m5NW23jTKG2XGWtyW1Mntj-1vJDmnW67TR_584QVZ4W5yzctQ731-kmW5LbtYS6YflQnW7NbqRW8h0j6vW9m3lH_6S1_1hVG-32X7_35hMW96MZ5F80-KhDW6Vfdkg71W0WVW3KpK5-4tZVr6W3x5W8C8hJVzhW1jQNNX2WPWQVW12kBzG6_J927W1p4QcL8S-n86N7t4JgyzZmY9W5WnvM73qSYcwf8G5jQ604)

Pratt & Whitney secured a three-year, $1.5B contract to sustain F119 engines for the US Air Force’s F-22 fighter jets, aiming to enhance readiness and reduce costs Mar. 13, 2025 - The company is improving engine reliability, efficiency, and lifespan through its Usage Based Lifing program and control schedule updates, ensuring the F-22 maintains its combat edge. This initiative supports safety, availability, and modernization while leveraging the F-22’s supercruise capability for superior speed and agility. (Machinery Market)

![GE-Aerospace](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/GE-Aerospace.png?width=500&height=500&name=GE-Aerospace.png)

**GE Aerospace plans to invest nearly $1B in U.S. manufacturing and supply chains in 2025, nearly doubling last year’s investment to meet rising demand for engines and parts**  
*Mar. 12, 2025 -* The company will allocate $500 million to expand engine production, particularly for its CFM LEAP engine, and invest over $100 million to support suppliers. Additionally, GE aims to hire 5,000 U.S. workers, strengthening its manufacturing and engineering operations. [(Reuters)](https://www.reuters.com/business/aerospace-defense/ge-aerospace-invest-about-1-billion-us-manufacturing-this-year-2025-03-12/)

GE Aerospace plans to invest nearly $1B in U.S. manufacturing and supply chains in 2025, nearly doubling last year’s investment to meet rising demand for engines and parts Mar. 12, 2025 - The company will allocate $500 million to expand engine production, particularly for its CFM LEAP engine, and invest over $100 million to support suppliers. Additionally, GE aims to hire 5,000 U.S. workers, strengthening its manufacturing and engineering operations. (Reuters)

![The Netherlands](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/The%20Netherlands.png?width=500&height=500&name=The%20Netherlands.png)

**The Netherlands and other partner countries remain fully committed to the F-35 program, with no signs that the U.S. is backtracking**  
*Mar. 11, 2025 -* Dutch Defense Minister Ruben Brekelmans emphasized the importance of European defense self-sufficiency while maintaining strong U.S. cooperation, as NATO allies work to strengthen their military capabilities. Additionally, the Netherlands is considering increasing defense spending, expanding its land forces, and discussing nuclear deterrence amid growing security concerns. [(Defense News)](https://www.defensenews.com/global/europe/2025/03/11/f-35-partners-fully-committed-to-program-dutch-defense-minister-says/)

The Netherlands and other partner countries remain fully committed to the F-35 program, with no signs that the U.S. is backtracking Mar. 11, 2025 - Dutch Defense Minister Ruben Brekelmans emphasized the importance of European defense self-sufficiency while maintaining strong U.S. cooperation, as NATO allies work to strengthen their military capabilities. Additionally, the Netherlands is considering increasing defense spending, expanding its land forces, and discussing nuclear deterrence amid growing security concerns. (Defense News)

![Thales Alenia Space](https://blog.janescapital.com/hs-fs/hubfs/Weekly%20AD%20-%20New/Logos/Thales%20Alenia%20Space.png?width=500&height=500&name=Thales%20Alenia%20Space.png)

**Thales Alenia Space has secured an order from Japan's SKY Perfect JSAT to build the JSAT-32 geostationary communications satellite**  
*Mar. 11, 2025 -* Scheduled for launch in 2027, the satellite will have an in-orbit lifespan exceeding 15 years. [(Reuters)](https://www.reuters.com/technology/space/thales-alenia-space-receives-satellite-order-japans-sky-perfect-jsat-2025-03-10/)

Thales Alenia Space has secured an order from Japan's SKY Perfect JSAT to build the JSAT-32 geostationary communications satellite Mar. 11, 2025 - Scheduled for launch in 2027, the satellite will have an in-orbit lifespan exceeding 15 years. (Reuters)

### Weekly Transaction Review

| **No.** | **Parties Involved** | **Transaction Metrics** | **Location** | **Segment** |  |  |
| --- | --- | --- | --- | --- | --- | --- |
|  | **Target \[Parent\]** Acquirer \[Parent\] | Price ($M) | Price/ Revenue | Price/ EBITDA | Target | Target |
| 1 | **NeXolve** Applied Aerospace Structures \[Greenbriar Equity\] | - | - | - | Huntsville, AL | Composites |
| 2 | **AirRobot \[Nu Group\]** Quantum-Systems | - | - | - | Arnsberg,  Germany | Unmanned Vehicles |
| 3 | **Global Marine Systems \[J.F. Lehman\]** Keppel | - | - | - | Chelmsford,  United Kingdom | Navy/Maritime |
| 4 | **Alpha-Numero Technology Solutions** Quest Global | - | - | - | Irvine, CA | Engineering & Project Management |
| 5 | **Mynaric** Rocket Lab USA | $150.0 | - | - | Munich,  Germany | Satellite, Satellite Services & Space Systems |

| **No.** | **Target Descriptions** |
| --- | --- |
| 1 | NeXolve manufactures and designs high performance polymer materials for electronics, display, and aerospace applications. These advanced polymer products are in a wide array of commercial uses, as well as ongoing space and aeronautic flight use. |
| 2 | AirRobot is a supplier of compact, robust UAV solutions for military and government applications. The company's flagship drone platform, the AR100-H, is a lightweight, quick-deploy drone with advanced thermal technology and encrypted communications, engineered for reliable performance in harsh conditions. |
| 3 | Global Marine Systems is a provider of subsea telecom maintenance and installation services, supporting mission-critical global communications infrastructure. The company operates a fleet of six vessels providing maintenance and installation services for the global subsea fibre optic cable network. |
| 4 | Alpha-Numero Technology Solutions specializes in avionic design and verification solutions, with expertise in Very Large Scale Integration (VLSI) design and Field Programmable Gate Arrays (FPGAs). The company provides hardware design, development, prototyping, system architecture, integration, system requirements capture, and testing services. |
| 5 | Mynaric develops laser communication terminals for aerospace and defense applications, enabling high-speed, secure data transmission in space and airborne networks. The company provides optical communication solutions for satellites, unmanned aerial systems, and other airborne platforms, supporting resilient and scalable connectivity. |

 

### Selected Janes Capital Partners A&D Experience

![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Schatz%20Bearing%20Arxis%20(2).jpg)

[Arxis Acquires Schatz Bearing Corporation](https://blog.janescapital.com/news-events/arxis-acquires-schatz-bearing-corporation)

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[TransDigm Group Acquires an Undisclosed Provider of Proprietary Aerospace Instrumentation and Sensing Solutions](https://blog.janescapital.com/news-events/transdigm-group-undisclosed-provider-proprietary-aerospace-instrumentation)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Cook%20Defence%20HEICO-1.png)

[Cook Defence Systems Acquired by HEICO](https://blog.janescapital.com/news-events/cook-defence-systems-has-been-acquired-by-heico)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Exo-Anduril-Tombstone.png)

[ExoAnalytic Solutions Acquired by Anduril](https://blog.janescapital.com/news-events/exoanalytic-solutions-has-agreed-to-be-acquired-by-anduril)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/ScanfiberComposites.png)

[Scanfiber Has Been Acquired by Fjord Defence](https://blog.janescapital.com/news-events/scanfiber-has-been-acquired-by-fjord-defence)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/TDG%20Undisclosed%20Tombstone.png)

[TransDigm Group Acquires an Undisclosed Provider of Defense Products](https://blog.janescapital.com/news-events/transdigm-group-undisclosed-provider-defense-electronics)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/OSL%20Terma.png)

[OSL Technology Has Been Acquired by Terma A/S](https://blog.janescapital.com/news-events/osl-acquired-by-terma)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/ACC-Arcline.png)

[American Casting Company Receives Strategic Investment from Arcline](https://blog.janescapital.com/news-events/janes-capital-partners-advises-american-casting-company-on-its-strategic-investment-by-arcline)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Digital_Barriers_ARC_Group.png)

[Digital Barriers Has Been Acquired by TJC-Backed ACR Group](https://blog.janescapital.com/news-events/digital-barriers-has-been-acquired-by-tjc-based-acr-group)

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[High Tech Solutions Has Been Acquired By BTX Precision](https://blog.janescapital.com/news-events/high-tech-solutions-acquired-by-btx-precision)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/Leichtwerk%20AG%20Rheinmetall.png)

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![](https://blog.janescapital.com/hubfs/JCP_Tombstones/ETL%20-%20IRT.png)

[ETL Systems has acquired IRT Technologies](https://blog.janescapital.com/news-events/etl-systems-has-acquired-irt-technologies)

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### Janes Capital Partners Team Contact Information

![Picture2-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Picture2-1.jpeg?width=960&height=960&name=Picture2-1.jpeg)

#### Stephen Perry

*Managing Director*

[Email Stephen](mailto:sperry@janescapital.com)[(949) 769-3323 x6901](tel:9497693323)

![Ken-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Ken-white-1-1.png?width=960&height=960&name=Ken-white-1-1.png)

#### Ken Fukumoto

*Director*

[Email Ken](mailto:kfukumoto@janescapital.com)  
[(949) 769-3323 x6904](tel:9497693323)

![Chris-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Chris-white-1-1.png?width=1200&height=1200&name=Chris-white-1-1.png)

#### Chris Reinecke

*Vice President*

[Email Chris](mailto:cwreinecke@janescapital.com)  
[(949) 769-3323 x6905](tel:9497693323)

![Bruce-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Bruce-white-1-1.png?width=1200&height=1200&name=Bruce-white-1-1.png)

#### Bruce Renner

*Analyst*

[Email Bruce](mailto:brenner@janescapital.com)  
[(949) 769-3323 x6906](tel:9497693323)

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