Aerospace & Defense Acquisitions in Oregon

HEICO Corporation's Mid Continent Controls (MC2) subsidiary acquired all ownership interests in Eugene, Oregon-based Rosen Aviation for undisclosed cash consideration. Rosen, a designer and manufacturer of in-flight entertainment (IFE) cabin displays and control panels for the business and VVIP aviation markets, will operate as a wholly owned subsidiary of MC2 to expand MC2/HEICO's cabin electronics capabilities and deliver integrated IFE solutions to OEMs, operators and completion centers.

Karman Space & Defense (Karman Holdings Inc.) acquired Metal Technology Inc. (MTI), a refractory-alloy specialist based in Albany, Oregon, for $90 million in cash. The deal expands Karman's advanced materials and manufacturing capabilities (including additive manufacturing, hot forging and specialized forming) and provides accelerated access to strategic and classified missile defense programs.

High Point Aerotechnologies, a portfolio company of Highlander Partners, has acquired Portland-based Flex Force Enterprises, a maker of the Dronebuster counter‑UAS jammer. The add-on strengthens High Point's counter‑UAS product family by adding a portable, widely deployed handheld drone defeat capability for government, military and security customers.

Vita Inclinata Technologies, through its Vita Aerospace division, has acquired Air Rescue Systems (ARS), a provider of advanced helicopter response training and mission-specific equipment. The acquisition combines Vita's intelligent lifting systems and manufacturing capabilities with ARS's specialized training programs and equipment to expand MEDEVAC, search-and-rescue, and emergency-response offerings to military and public-safety customers.

Boston-based private equity firm Artemis has acquired SightLine Applications, an Oregon-based developer of on-board image processing electronics and AI/ML-enabled video processing software for ISR and C-UAS missions. SightLine will continue to operate from its Portland and Hood River, Oregon facilities and will leverage Artemis' industrial tech expertise to accelerate growth across defense and commercial unmanned system markets.

J.F. Lehman & Company’s investment affiliate has made a substantial growth investment in Trillium Engineering, a Hood River, Oregon-based designer and manufacturer of camera gimbals for unmanned aerial systems. Trillium’s founders and employees remain material shareholders and will continue to lead the company as JFLCO supports the firm’s technical and commercial expansion into defense and international UAS markets.

Curtiss-Wright Corporation agreed to acquire Pacific Star Communications, Inc. (PacStar) for $400 million in cash. The acquisition adds PacStar's rugged tactical communications hardware and IQ-Core network management software to Curtiss-Wright's Defense segment, expanding its battlefield networking capabilities and expected to be accretive to adjusted EPS in the first full year.

Aero Interiors Company (AIC), an affiliate platform backed by Balmoral Funds, acquired the assets of ECNC Inc., an Oregon-based aerospace-focused CNC machining and milling business. The bolt-on purchase expands AIC’s vertically integrated manufacturing capabilities, enabling faster turnaround and broader machined product offerings for its aerospace customers.