AE Industrial Partners Acquires Majority Stake in York Space Systems

AE Industrial Partners Acquires Controlling Stake in L3Harris Space Propulsion & Power Business (Rocketdyne)

January 5, 2026

Aerospace & Defense

AE Industrial Partners has acquired a controlling majority stake (reported ~60%) in L3Harris Technologies’ Space Propulsion and Power Systems business, in a transaction reported at about $845 million. L3Harris will retain a minority interest and remain a strategic partner; AE Industrial plans to restore the Rocketdyne name, modernize manufacturing, and accelerate next‑generation propulsion and in‑space power capabilities.

AE Industrial Partners Acquires Adcole Maryland Aerospace

March 2, 2020

Aerospace & Defense

AE Industrial Partners (AEI) has acquired Adcole Maryland Aerospace (AMA), a Marlborough, Massachusetts–based designer and manufacturer of mission-critical spacecraft components and small satellites, from Adcole Corporation/Artemis Capital Partners. The acquisition establishes AEI's space technology platform and aims to position AMA to capture growing demand from U.S. government and commercial space markets.

AE Industrial Partners Acquires Deep Space Systems

June 1, 2020

Aerospace & Defense

AE Industrial Partners (AEI) acquired Deep Space Systems (DSS) and will combine it with Adcole Space to form Redwire, a new space-technology platform focused on mission-critical space systems and high-reliability electronics. The deal brings DSS’s spacecraft engineering, payloads, and ground support capabilities into the AEI-backed Redwire platform to expand scale and complementary capabilities for government and commercial space customers.

AE Industrial Partners Acquires G.S. Precision

March 3, 2020

Manufacturing

AE Industrial Partners, a private equity firm focused on aerospace, defense and specialty industrials, has acquired G.S. Precision, a Brattleboro, Vermont-based manufacturer of high-precision aerospace and defense components. Terms were not disclosed; G.S. Precision will continue to be led by CEO Norm Schneeberger, who will remain a significant shareholder.

AE Industrial Partners Acquires Majority Interest in Yingling Aviation

June 5, 2023

Aerospace & Defense

AE Industrial Partners (AEI) has acquired a majority interest in Yingling Aviation, a Wichita-based provider of MRO and FBO services for business and government aviation. Terms were not disclosed; Yingling’s leadership (Chairman & CEO Lynn Nichols and President Andrew Nichols) will remain active owners and operators as AEI seeks to build a scaled independent platform in business aviation services.

AE Industrial Partners Acquires American Pacific Corporation

February 6, 2020

Manufacturing

AE Industrial Partners (AEI) has acquired American Pacific Corporation, a Cedar City, Utah-based manufacturer of specialty chemicals and materials used in aerospace, defense, space launch and fire suppression applications, from Huntsman Family Investments. The deal, which closed Feb. 6, 2020, will position AEI to grow American Pacific as a platform investment and further support customers in national security and space programs.