Aerospace & Defense Acquisitions in Georgia

flyExclusive has entered into a structured agreement with Volato Group, Inc. to acquire Volato's aircraft sales division for $2.1 million of FLYX stock and secured rights to acquire the Vaunt platform and Mission Control software for an additional $2.0 million of FLYX stock. The deal transfers the sales division immediately and gives flyExclusive flexibility to bring high-growth travel and flight-management technology platforms fully in-house to support vertical integration and capability expansion.

SK Capital Partners has signed a definitive agreement to acquire the North America Composites & Fuel Containment (CFC) Division of Parker Hannifin and completed the acquisition, renaming the business Axillon Aerospace. The division is a leading producer of engineered carbon fiber composite components and fuel containment solutions for defense and commercial aerospace, generating about $350 million in annual sales, operating six North American manufacturing sites, and employing ~1,700 people.

Lynx Software Technologies has acquired Thompson Software Solutions (TSS), a provider of mission‑critical software development, engineering, and integration services for aerospace and defense and commercial space customers. The deal strengthens Lynx’s capabilities across avionics, embedded software, DevSecOps, cybersecurity, and managed/professional services; TSS leadership has taken senior roles within Lynx following close.

Gilat Satellite Networks Ltd. has completed the acquisition of DataPath, Inc., a U.S.-based provider of secure communications and satellite systems for the U.S. Department of Defense and other government customers. The deal, approved by both companies' boards and cleared by CFIUS, is intended to expand Gilat's presence in the defense market and create cross-selling and technology-integration synergies between the companies' satellite communications offerings.

HEICO Corporation agreed to acquire Wencor Group from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million in HEICO Class A common stock (approximately $2.05 billion aggregate). Wencor—an aftermarket provider of FAA-approved aircraft replacement parts and component repair/overhaul services based in Peachtree City, Georgia with ~1,000 employees—will join HEICO’s Flight Support Group to expand product and service capabilities and realize synergies.

Odyssey Aviation U.S. has acquired Golden Isles Aviation, the Fixed-Base Operator (FBO) serving McKinnon St. Simons Island Airport (SSI) in St. Simons Island, Georgia. The acquisition expands Odyssey's FBO network and was financed by private investment firms Granite Creek Capital Partners and Everside Capital; Golden Isles' CEO Larry Wade will join Odyssey as a partner and board member.

Mercury Systems acquired Atlanta Micro, a Norcross, Georgia–based designer and manufacturer of high-performance RF modules and MMICs, to expand its RF and microwave component portfolio and deepen penetration in electronic warfare, radar and weapons markets. The all-cash purchase (subject to working capital and net debt adjustments) is expected to add approximately $16 million in trailing revenue and be immediately accretive to adjusted EPS.

Anduril Industries has acquired Area-I, a metro-Atlanta unmanned aerial systems developer and maker of the ALTIUS tube-launched aircraft platform. Area-I will operate as a wholly owned subsidiary of Anduril, expanding Anduril’s hardware portfolio and accelerating development of mission autonomy, intelligent teaming and related defense capabilities.

Elliott Aviation, a Summit Park-backed platform, has acquired The Maintenance Group (TMG), an Atlanta-based provider of maintenance, repair and overhaul (MRO) and fixed-base operations (FBO) services. The deal is Elliott's first add-on since Summit Park's investment and expands the platform's maintenance capabilities and presence in the Southeastern United States.

New York-based private equity firm Sagewind Capital announced an investment in Perry, Georgia-headquartered Sigma Defense Systems, a provider of airborne ISR sensor data transport engineering and services. Financial terms were not disclosed; Sigma's founders retain significant equity while John Wilcox and Matt Jones joined as CEO and President to support the company's next phase of growth and capability expansion.

CM Equity Partners (CMEP), together with JANUS Research Group's founders and management, completed a recapitalization of JANUS Research Group, Inc. The transaction positions the Evans, Georgia–headquartered defense engineering and services firm (≈350 employees) for continued growth while keeping existing leadership and the founders involved.

Fokker Services, a unit of Dutch engineering group Stork N.V., has acquired Aerotron AirPower, a LaGrange, Georgia-based provider of maintenance, repair and overhaul (MRO) services for aircraft components. The deal — terms undisclosed — expands Fokker Services' capabilities and customer base in the U.S. to support its ABACUS logistics program across non-Fokker aircraft.