Karman Space & Defense Acquires Metal Technology Inc. (MTI) for $90M

ARCH Precision Components Acquires Metalcraft Technologies

November 17, 2021

Aerospace & Defense

ARCH Precision Components, a Madison Dearborn Partners portfolio company, has acquired Metalcraft Technologies Inv., LLC (MTI) of Cedar City, Utah as an add-on to expand ARCH's aerospace and defense manufacturing footprint. MTI, a 30+-year sheet metal fabrication and aircraft-components manufacturer operating roughly 150,000 sq. ft. across two facilities, brings additional sheet-metal fabrication, machining and surface-treatment capabilities to the ARCH platform.

Karman Missile & Space Systems Acquires TMX Engineering

September 21, 2021

Aerospace & Defense

Karman Missile & Space Systems, a Trive Capital-backed platform, has acquired TMX Engineering, a Los Angeles-based precision machining firm. The deal expands Karman's capacity and capabilities in complex precision machining for space, missile, and hypersonic systems; TMX's senior leadership will remain as equity holders.

Karman Space & Defense (Trive-backed) Acquires MG Resin Family of Technologies

June 15, 2022

Aerospace & Defense

Karman Space & Defense, backed by private equity firm Trive Capital, acquired the MG Resin family of ultra-high temperature resin technologies from Cornerstone Research Group (CRG). The deal expands Karman's vertically integrated composite and carbon/carbon manufacturing capabilities for aerospace, defense and hypersonic applications and aims to accelerate commercialization of high-temp materials for OEMs in those supply chains.

Karman Space & Defense Acquires Five Axis Industries

October 28, 2025

Aerospace & Defense

Karman Space & Defense (NYSE: KRMN) acquired Five Axis Industries, an Arlington, Washington-based supplier of advanced nozzle and fuel system subsystems, for $83 million in cash plus approximately $5 million in Karman shares (about $88 million total). The acquisition, which closed October 28, 2025, expands Karman's propulsion and launch-system capabilities by adding proprietary nozzle, spun-form and 3D-printed Inconel technologies and was funded in part by an increase to Karman's Term Loan B.

Karman Missile & Space Systems Acquires AAE Aerospace

February 9, 2021

Aerospace & Defense

Karman Missile & Space Systems, a Trive Capital portfolio company, has acquired AAE Aerospace, a manufacturer of high-temperature composites used in missile, interceptor, and space propulsion subsystems. The deal expands Karman's end-to-end production capabilities for critical propulsion components and keeps AAE's senior leadership as equity holders; Trive served as the sponsor and advisors included Lazard Middle Market and D.A. Davidson.

Ricoh Acquires MTI Technology to Expand IT Services in EMEA

October 7, 2020

IT Services

Ricoh (Ricoh Europe) has acquired MTI Technology, a UK-headquartered IT services provider with ~210–250 employees, to strengthen its IT managed services, cybersecurity and datacentre modernisation capabilities across EMEA. MTI Technology will continue to operate under its existing name as a separate Ricoh entity and its existing board and European management team will remain in place.