AEVEX Aerospace Acquires IKHANA Aircraft Services and Geodetics Incorporated

Madison Dearborn Partners and CoVant Management Acquire AEVEX Aerospace

March 9, 2020

Aerospace & Defense

Madison Dearborn Partners and CoVant Management have agreed to acquire majority ownership of AEVEX Aerospace from Trive Capital. AEVEX is a provider of full‑spectrum airborne intelligence, surveillance, and reconnaissance (AISR) technology solutions to the U.S. Department of Defense, Special Operations, and the Intelligence Community; the company employs approximately 600 people and maintains offices across multiple U.S. states. The transaction is expected to close by the end of Q1 2020, and AEVEX's founder‑management team will retain a significant ownership stake.

AEVEX Aerospace Acquires Veth Research Associates

October 1, 2024

Aerospace & Defense

AEVEX Aerospace has acquired Veth Research Associates (VRA), a veteran‑owned specialist in navigation, sensor fusion and autonomous systems, to strengthen its capabilities for operating unmanned systems in jammed and GPS‑denied environments. The deal brings VRA’s LYNX vision‑based navigation system and related IP and expertise into AEVEX’s portfolio, enhancing autonomous navigation and decision‑making for DoD and international customers.

Textron eAviation Acquires Amazilia Aerospace

May 15, 2024

Aerospace & Defense

Textron's eAviation division has acquired substantially all the assets of Amazilia Aerospace, a Munich-based engineering firm that develops digital flight controls and vehicle management systems. The approximately 30-person Amazilia team will continue supporting Pipistrel programs including the Surveyor and Nuuva V300 as Textron expands its electric aviation and cargo UAV capabilities.

UAV Factory (AE Industrial Partners) Acquires Jennings Aeronautics

September 14, 2021

Aerospace & Defense

UAV Factory, a portfolio company of private equity firm AE Industrial Partners, has acquired Jennings Aeronautics (JAI) and will combine JAI's SUAS capabilities with UAV Factory's tactical UAV and ISR platform. The deal expands AEI's unmanned and autonomous platform by adding JAI's engineering, manufacturing and autonomous flight-control expertise; terms were not disclosed.

Nexus Capital and HDT Global Acquire Aviation Ground Equipment Corp.

March 15, 2023

Aerospace & Defense

Nexus Capital Management LP and HDT Global have acquired Aviation Ground Equipment Corp. (AGEC), a veteran-owned manufacturer and distributor of aviation ground support equipment. The deal was structured as a new entity within the HDT portfolio to expand HDT's aircraft ground power and thermal management capabilities for military and commercial aviation programs, including support for F-35 and B-21 programs.

AEgis Technologies Group Acquires EMRC Heli

April 15, 2020

Aerospace & Defense

AEgis Technologies Group, a portfolio company of Arlington Capital Partners, has acquired EMRC Heli, a small unmanned aerial systems (sUAS) designer and manufacturer. The acquisition expands AEgis' directed energy and UAS capabilities, enabling faster integration of multi-mission sensor suites and support for defense and government customers.