Precise Systems Acquires Tucson Embedded Systems

Bluestone Investment Partners Invests in Precise Systems, Inc.

May 9, 2023

Government & Public Sector

Bluestone Investment Partners, a McLean, Virginia-based private equity firm, has made a strategic growth investment in Precise Systems, Inc., a Lexington Park, Maryland-based provider of engineering, program management and software development services to the U.S. Department of Defense. The transaction supports management continuity (Scott Pfister named CEO) and is intended to accelerate growth and enable strategic M&A to expand Precise Systems' capabilities and reach across DoD customers.

Precise Systems Acquires Mission Focused Systems

September 9, 2025

Engineering Services

Precise Systems, a Bluestone-backed defense services company based in Lexington Park, Maryland, has acquired Mission Focused Systems (MFS), a Royersford, Pennsylvania-based systems engineering and cybersecurity services firm. The add-on expands Precise Systems' engineering, modeling & simulation, and digital transformation capabilities for the Department of Defense, Intelligence Community, and other federal customers.

Precise Systems Acquires Excet, Inc.

November 1, 2023

Government & Public Sector

Precise Systems, a Bluestone Investment Partners-backed government services platform, has acquired Excet, Inc., a Springfield, Virginia-based provider of physical sciences research and engineering services to the U.S. Department of Defense. The deal, which closed on November 10, 2023, expands Precise’s capabilities in CBRNE, biotechnology, chemistry and related physical-sciences support for Army and Navy customers and represents Precise’s first acquisition since Bluestone’s investment earlier in 2023.

Precise Systems Acquires Jardon & Howard Technologies (JHT)

March 19, 2024

Aerospace & Defense

Precise Systems, a portfolio company of Bluestone Investment Partners, has acquired Orlando-based Jardon & Howard Technologies (JHT) in a transaction that closed on February 16, 2024. The acquisition expands Precise Systems' training and simulation capabilities for Department of Defense and other federal customers by integrating JHT's proxSIMity simulation framework and interactive courseware into its platform.

Signia Aerospace (Arcline) Acquires Precise Flight

August 18, 2025

Manufacturing

Signia Aerospace, a portfolio company of Arcline Investment Management, has acquired Precise Flight, Inc., a Bend, Oregon-based designer and manufacturer of aviation safety and performance systems. The acquisition is an add-on to Signia's aerospace platform intended to expand its product capabilities and aftermarket/OEM offerings across commercial, business, rotorcraft and general aviation markets.

Lynx Software Technologies Acquires Timesys Corporation

December 12, 2023

Software

Lynx Software Technologies, an OceanSound Partners portfolio company, has acquired Timesys Corporation, a provider of development tools, cybersecurity solutions, and engineering services for open-source embedded and edge software. The deal expands Lynx's Mission Critical Edge capabilities by adding Timesys' Linux expertise, SCA/SBOM tooling, and managed services to the LYNX MOSA.ic platform.