U.S. and allied defense markets are complex and dynamic constellations of programs, contractors and customers. Analyzing a defense contractor through a commercial diligence assessment — whether on behalf of a prospective buyer or seller, or to support a corporate leadership team — requires a detailed understanding of customer mission requirements, programs, funding and deployment cycles, and contract terms.
Defense
For 40 years through multiple industry cycles we have counseled buyers and sellers of defense properties, leading industry contractors, and institutional financing sources as they make decisions to acquire, divest or expand across the U.S. and allied defense sectors. We are active and experienced in virtually every sector of the defense market, including all major defense platforms, weapon systems, and networks, and the OE and aftermarket suppliers that develop, build and support them.
In recent years, we have been active in more than 50 transaction advisory engagements in the defense market. Representative completed transactions include:
- Acquisition of Orolia by Safran
- Acquisition of Align Precision by Madison Dearborn Partners
- Growth equity investment in Anduril Industries by Valor Equity Partners
- Acquisition of TenCate Advanced Armour by Agilitas
- Sale of Kellstrom Defense, a portfolio company of Odyssey Investment Partners, to AE Industrial Partners
- Sale of Jonathon Engineered Solutions, a portfolio company of Levine Leichtman, to JLL Partners
