TJC (Resolute VI) Acquires L3Harris' Commercial Aviation Solutions (Acron Aviation)

FlightSafety International to Acquire Acron Technologies Commercial Training Solutions (CTS)

August 26, 2026

IT Services

FlightSafety International signed a definitive agreement to acquire Acron Technologies’ Commercial Training Solutions (CTS) business, including Training Systems, Training Services, Aviation Academy, and Driver Training. The deal is expected to close in Q4 2026, subject to customary closing conditions.

AlpInvest Leads TJC's $2.1B Continuation Fund to Acquire Five Resolute III/IV Portfolio Assets

October 1, 2024

Financial Services

TJC LP closed a $2.1 billion continuation fund that purchased five portfolio companies, including assets from The Resolute Fund III and one asset jointly owned with Resolute IV. The transaction was led by AlpInvest (a Carlyle subsidiary) and gives TJC and its portfolio companies additional capital and time to pursue growth while offering liquidity options to Resolute III and Resolute IV limited partners.

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.

Versa Integrity Group Acquires Avion Solutions' Commercial UAS Operations

January 25, 2022

Industrial Services

Versa Integrity Group, a Dorilton Capital-backed industrial inspection services platform, has acquired the commercial Unmanned Aircraft Systems operations ("Avion Commercial") of Avion Solutions. Avion Commercial — based in Huntsville, Alabama — provides drone imagery, inspection, data collection, and training services; Avion Solutions will retain its government services business. The deal expands Versa's non-destructive testing and inspection capabilities by adding unmanned aerial inspection services.

L3 Technologies Acquires Doss Aviation, Inc.

September 14, 2017

Aerospace & Defense

L3 Technologies completed the acquisition of Doss Aviation, Inc. on September 12, 2017; terms were not disclosed. The purchase adds Doss’s initial flight training and airfield support capabilities (including a Pueblo, Colorado training facility) to L3’s Electronic Systems segment, expanding L3’s military pilot training footprint and expected to be accretive to earnings.

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.