Israir Subsidiary Acquires Additional Stakes in Bird Aviation

AAR to Acquire 65% Controlling Interest in MRO Holdings

September 28, 2026

Aerospace & Defense

AAR entered into a definitive agreement to acquire a 65% controlling interest in MRO Holdings at an implied enterprise value of $4.0 billion, while MRO Holdings’ existing owners will retain a minority stake and AAR will have options to acquire the remaining interest. The acquisition is expected to add substantial aircraft heavy-maintenance capacity and expand AAR’s aviation aftermarket platform; closing is expected in AAR’s fiscal third quarter ending February 2027, subject to regulatory approvals and customary conditions.

Bristow Group to Acquire Berry Aviation for $105 Million

June 23, 2026

Transportation

Bristow Group Inc. has entered into a definitive agreement to acquire Berry Aviation, Inc. from Acorn Capital Management for $105 million in an all-cash transaction. The deal is expected to close in Q3 2026 and is intended to expand Bristow’s U.S. government services offerings with special missions, ISR, MRO, training, and unmanned aerial systems (UAS) capabilities.

Ondas Acquires BIRD Aerosystems to Expand Airborne Missile Protection and ISR Capabilities

March 13, 2026

Aerospace & Defense

Ondas announced that it has acquired Israel-based BIRD Aerosystems, a developer of airborne missile protection systems and airborne ISR (intelligence, surveillance and reconnaissance) technologies for military, government, and homeland security customers. The deal adds sensing, mitigation, and mission command-and-control capabilities to Ondas’ defense technology platform, expanding coverage across counter-UAS, border protection, maritime surveillance, and airspace monitoring, with plans to extend into unmanned aerial platform protection.

Blue Bird Acquires Girardin’s Stake in Micro Bird Joint Venture

February 17, 2026

Manufacturing

Blue Bird Corporation signed an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture, taking full ownership of the business. The transaction is valued at approximately $200 million and is expected to close in the first half of calendar year 2026, pending regulatory approvals and other closing conditions.

Greenbriar Equity Group Acquires Sunvair Aerospace Group from Blue Sea Capital

June 5, 2024

Aerospace & Defense

Funds managed by Greenbriar Equity Group completed the acquisition of Sunvair Aerospace Group, a U.S.-based aircraft component MRO specialist, from Blue Sea Capital. Greenbriar said the investment will support Sunvair's organic growth and acquisition strategy to expand its engineered MRO capabilities across landing gear, avionics and accessory repairs.

TowerBrook Leads Consortium to Acquire Majority Stake in Sabena technics

January 23, 2019

Aerospace & Defense

TowerBrook Capital Partners, together with Sagard SAS and Bpifrance Investissement, has signed definitive agreements to acquire a majority stake in French MRO provider Sabena technics. The Marchais family (via holding TAT) will remain a minority shareholder; the consortium plans to support the company's growth and pursue strategic acquisitions to consolidate the fragmented European MRO market.