AkzoNobel is investing €50 million (US$58 million) to upgrade its Waukegan, Illinois, facility in the US – the company’s largest aerospace coatings production site. The two-phase project will increase capacity through new machinery and higher levels of automation, while also creating a new warehouse across the state border in Wisconsin. “This investment will strengthen our
The Blackhawk Group (TBG), a provider of turboprop performance solutions, has acquired Alaska-based Silver Sky Aviation. The transaction establishes Wasilla as the sixth location in TBG’s expanding Performance Center Network and extends the company’s footprint into one of the world’s fastest-growing turboprop markets, where performance is a critical requirement. TBG is a portfolio company of
AE Industrial Partners has agreed to acquire a controlling interest in L3Harris’ Space Propulsion and Power Systems business, at a total enterprise value of US$845 million. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and the satisfaction of customary closing conditions. L3Harris’ RS-25 rocket engine business is
RESIDCO has announced the closing of a US$100 million commercial aircraft engine acquisition facility provided by Huntington National Bank, a US$223 billion-asset regional bank headquartered in Columbus, Ohio. The newly established debt facility is designed to support RESIDCO’s strategic expansion in the global aviation secondary market, with a specific focus on the acquisition of high-demand
HEICO Corporation (HEICO) has entered into an agreement to acquire EthosEnergy Accessories and Components (Ethos A&C). The transaction is subject to regulatory approval and customary closing conditions, and is expected to be completed in the first quarter of fiscal 2026. Ethos A&C undertakes repairs on a wide range of engine accessories, including fuel nozzles, wiring
Comply365 has disclosed the acquisition of aviation training management solutions provider MINT Software Systems (MINT). The acquisition strengthens Comply365’s aviation training management expertise and accelerates its mission to deliver a comprehensive, AI-powered platform that integrates operations, safety and training. This approach is designed to deliver significant efficiency gains, cost savings and enhanced operational integrity for more
McNally Capital, a growth-focused private equity firm specialising in mid-market aerospace and defence, as well as industrial technology and services investments, has completed the acquisition of Airforce Turbine Service, Ltd. (ATS). ATS is an independent global aviation services provider with a strong reputation in maintenance, repair and overhaul (MRO) of the PT6A turboprop engine family.
IFS, a provider of Industrial AI software, has disclosed that it has entered into a definitive agreement to acquire Softeon, a provider of cloud-native Warehouse Management Systems (WMS). This strategic move extends IFS’ Industrial AI capabilities into the US$8.6 billion warehouse management systems market, creating an integrated platform that connects manufacturing operations seamlessly with intelligent
Howmet Aerospace has entered into an agreement to acquire Consolidated Aerospace Manufacturing (CAM), a global designer and manufacturer of precision fasteners, fluid fittings and other complex, highly engineered products for demanding aerospace and defence applications. The company will be acquired from Stanley Black & Decker for an all-cash consideration of approximately US$1.8 billion. The transaction
GD Helicopter Finance (GDHF) has signed an agreement to acquire NHV Group from private investment house Ardian. The transaction remains subject to customary closing conditions, including regulatory approvals, and is expected to complete in the first quarter of 2026. The change in ownership is intended to strengthen NHV’s long-term position as a leading helicopter operator
