Textron Completes Acquisition of Pipistrel

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.

Baykar Acquires Piaggio Aerospace

December 28, 2024

Aerospace & Defense

Turkish unmanned aircraft manufacturer Baykar has acquired Italian aircraft maker Piaggio Aerospace following approval from Italy's Ministry of Enterprises and Made in Italy. The deal gives Baykar traditional aircraft manufacturing, MRO and engine capabilities in Italy and supports plans to preserve jobs and expand production at Piaggio's facilities.

Boeing Acquires Spirit AeroSystems

July 1, 2024

Aerospace & Defense

Boeing has agreed to acquire Spirit AeroSystems in an all-stock transaction valued at approximately $4.7 billion in equity (about $8.3 billion total including net debt), reintegrating Spirit's Boeing-related commercial operations and select aftermarket businesses. The deal brings roughly 15,000 Spirit teammates into Boeing, expands Boeing's production and MRO footprint, and preserves certain defense activities as an independent Spirit Defense subsidiary while requiring divestiture of some Airbus-related work packages.

Arcline Investment Management Acquires Hartzell Aviation

October 16, 2023

Aerospace & Defense

Arcline Investment Management, a growth-oriented private equity firm, has signed a definitive agreement to acquire Hartzell Aviation from Tailwind Technologies. Hartzell, headquartered in Piqua, Ohio, designs and manufactures aircraft propellers and engine accessories through its Hartzell Propeller and Hartzell Engine Tech business units; Arcline said the acquisition fits its strategy of investing in critical suppliers and will support the company's next phase of growth.

Integrated Polymer Solutions Acquires Icon Aerospace Technology

January 7, 2020

Aerospace & Defense

Integrated Polymer Solutions (IPS), a portfolio company of Arcline Investment Management, has acquired Icon Aerospace Technology. The transaction expands IPS' design and manufacturing capabilities in polymer/elastomer aerospace components and adds a third AS9100‑certified facility in Retford, United Kingdom.

TransDigm Acquires Jet Parts Engineering and Victor Sierra Aviation Holdings

January 19, 2026

Aerospace & Defense

TransDigm Group Incorporated has agreed to acquire Jet Parts Engineering (JPE) and Victor Sierra Aviation Holdings (VSA), both portfolio companies of Vance Street Capital, for approximately $2.2 billion in cash. The transaction expands TransDigm’s presence in the commercial aerospace aftermarket by adding engineered PMA/OEM-alternative parts, repair capabilities and distribution for commercial, regional, cargo, and business aviation customers.