Firan Technology Group Corporation Acquires FLYHT Aerospace Solutions Ltd.

Firan Technology Group Acquires Holaday Circuits and IMI, Inc.

April 28, 2023

Aerospace & Defense

Firan Technology Group Corporation (FTG) completed the acquisitions of Minnesota-based Holaday Circuits and Haverhill, Massachusetts-based IMI, Inc., acquiring 100% of both businesses after receiving CFIUS approval. The deals expand FTG's U.S. manufacturing footprint and RF circuit board capabilities for the aerospace and defense markets; combined pre-pandemic sales were about $45M and combined purchase consideration was approximately $27M (Holaday includes an earn-out of up to $6M).

Teledyne Acquires TransponderTech Business from Saab

October 31, 2025

Aerospace & Defense

Teledyne Technologies has completed the acquisition of the TransponderTech business from Saab AB. The unit — to be marketed as FLIR TransponderTech (Teledyne FLIR TransponderTech AB) and based near Linköping, Sweden — will join Teledyne’s maritime brands to expand its AIS, VDES and GNSS communications and navigation offerings for civil and military markets.

BTX Precision Acquires High‑Tech Solutions (HTS)

August 19, 2025

Aerospace & Defense

BTX Precision has acquired High‑Tech Solutions (HTS), a Lee's Summit, Missouri-based precision machining and manufacturing firm serving the commercial aerospace, military and space markets. The deal — BTX's seventh acquisition since launching its platform in 2023 — expands BTX's advanced machining capabilities and capacity in mission-critical aerospace and defense supply chains.

FIS Acquires Dragonfly Financial Technologies from One Equity Partners

May 11, 2024

Payments & Fintech

FIS has completed the acquisition of Dragonfly Financial Technologies, a digital business banking and cash management solutions provider, from One Equity Partners. Financial terms were not disclosed; Dragonfly — carved out from ACI Worldwide by OEP in 2022 — serves over 1.4 million businesses and a number of tier-one banks across the U.S. and Asia Pacific.

Altair Acquires Research in Flight (FlightStream)

May 1, 2024

Software

Altair has acquired Research in Flight, the developer of FlightStream — a fast, low-footprint computational fluid dynamics (CFD) solver used heavily in aerospace and defense and increasingly in marine, energy, turbomachinery, and automotive markets. The technology will be integrated into Altair’s HyperWorks platform and made available via Altair Units to expand Altair’s aerodynamic simulation capabilities for customers including aerospace, defense, and advanced mobility sectors.

Allied Motion Technologies Acquires FPH Group

May 31, 2022

Aerospace & Defense

Allied Motion Technologies Inc. acquired FPH Group, a Canada-based developer of electrical drive systems and lightweight composite technologies for ground-based defense vehicles. The deal expands Allied Motion's capabilities and defense market penetration by adding FPH's engineering, prototyping and production expertise; financial terms were not disclosed.