Aerospace & Defense Acquisitions in Wisconsin

ArmorWorks Enterprises, a portfolio company of Littlejohn Capital, has acquired Fox Valley Metal-Tech, a Green Bay-based provider of precision metal fabrications for naval and defense applications. The deal expands ArmorWorks' Department of Defense capabilities into high-priority U.S. Navy programs and adds Fox Valley's 185,000 sq. ft. manufacturing facility and precision welding, machining, and finishing capabilities.

Chesapeake Technology International, Inc. (CTI), a portfolio company of Bluestone Investment Partners, has acquired Rapid Imaging Technologies LLC to strengthen CTI’s situational awareness and video analytics capabilities for defense and intelligence customers. The acquisition brings Rapid Imaging’s patented real-time geospatial imaging technology into CTI’s offerings and supports CTI’s organic and M&A growth strategy under Bluestone’s ownership.

Belcan, a portfolio company of AE Industrial Partners, acquired AVISTA, Inc., a provider of safety-critical and mission-critical software engineering services, from TransDigm Group. The acquisition adds systems and software engineering capability to Belcan's offering and expands its Midwest footprint with AVISTA's locations in Platteville, Cedar Rapids and Blaine; AVISTA's management team will join Belcan.

Bluestone Investment Partners completed an investment in Continental Mapping Consultants, a Sun Prairie, Wisconsin-based geospatial data analytics and mapping solutions provider serving defense, intelligence, federal/state government and commercial customers. The company employs approximately 170 people and Bluestone intends to support growth through organic expansion and acquisitions and to expand the company's capabilities.

Levine Leichtman Capital Partners sold Nobles Worldwide, a St. Croix Falls, Wisconsin-based designer and manufacturer of ammunition handling systems, to an affiliate of Ducommun Incorporated. The acquisition expands Ducommun's aerospace and defense manufacturing capabilities and integrates Nobles' ammunition feed and handling products into Ducommun's Electronic and Structural Systems offerings.

A group led by aviation investor Robert Priddy and private investment firm Kilroy Partners has acquired NMC‑Wollard, the 70+ year supplier of aviation ground‑support equipment, which will be rebranded as Wollard International. John Carroll is chairman, Greg McDermott remains president, and the new owners plan to expand the company’s product areas and grow its global customer base across commercial airlines, military customers and private aviation.

Air T, Inc. (NASDAQ: AIRT) completed an asset purchase of Contrail Aviation Support, Inc., a Verona, Wisconsin-based supplier of surplus and aftermarket commercial jet engine components. The business was acquired by a newly formed Air T subsidiary (New Contrail), with Joseph Kuhn appointed CEO and all Contrail employees retained to continue operations in Verona.