Rocket One to Acquire Tracer Drone Technologies

XTI Aerospace Acquires Drone Nerds; Unusual Machines Invests $25M in XTI

November 10, 2025

Aerospace & Defense

XTI Aerospace acquired Drone Nerds, a major U.S. drone distributor and service provider, in a transaction announced in November 2025 that included approximately $40 million in purchase consideration. Concurrently, Unusual Machines made a $25 million strategic investment in XTI via convertible preferred stock to support XTI's expansion of vertical flight and unmanned aircraft systems (UAS) capabilities.

Rocket Lab Acquires Geost, LLC From LightRidge Solutions (ATL Partners) and Forms Trident Solutions Defense Electronics Platform

August 12, 2025

Aerospace & Defense

ATL Partners completed the sale of Geost, LLC (a subsidiary of its portfolio company LightRidge Solutions) to Rocket Lab USA, Inc. Rocket Lab is acquiring Geost’s electro-optical/infrared sensor technologies while ATL combines LightRidge’s remaining divisions—Trident Systems and Ophir Corporation—into the defense electronics platform Trident Solutions.

Axon to Acquire Dedrone

May 6, 2024

Aerospace & Defense

Axon has entered into a definitive agreement to acquire Dedrone, a global leader in airspace security and counter-drone solutions. The acquisition will expand Axon's public safety platform by integrating Dedrone's AI/ML-based detection, tracking and mitigation technologies; the deal is expected to close in the second half of 2024 (terms undisclosed).

L3Harris to Acquire Aerojet Rocketdyne

December 18, 2022

Aerospace & Defense

L3Harris Technologies has signed a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. for $58 per share in an all-cash transaction valued at $4.7 billion inclusive of net debt. The deal, financed with cash and new debt, will combine Aerojet Rocketdyne’s propulsion and energetics capabilities (about $2.3 billion in revenue and ~5,200 employees) with L3Harris to strengthen defense propulsion, hypersonics and missile-defense offerings; the transaction is expected to close subject to regulatory approvals in 2023.

TransDigm Acquires DART Aerospace for Approximately $360M

March 14, 2022

Aerospace & Defense

TransDigm Group Incorporated agreed to acquire DART Aerospace, a Montreal-based manufacturer of helicopter mission equipment, from Greenbriar Equity Group and First Aviation Services for approximately $360 million in cash. DART, which generates roughly $100 million in pro forma 2022 revenue and employs about 400 people across facilities in Canada, the U.S. and Mexico, was acquired to expand TransDigm's proprietary product and aftermarket capabilities; the deal is expected to close in Q2 2022 subject to customary approvals.

Curtiss-Wright Acquires Teletronics Technology Corporation for $233M

January 4, 2017

Aerospace & Defense

Curtiss-Wright Corporation has completed the acquisition of Teletronics Technology Corporation (TTC) for $233 million in cash. TTC, a Newtown, Pennsylvania–based designer and manufacturer of data acquisition and flight test instrumentation systems (approximately 225 employees), will operate within Curtiss-Wright's Defense segment to broaden its data acquisition product portfolio and expand geographic reach.