Largest Defense Add-on Transactions in 2025

SciTec is a provider of advanced national security technologies. SciTec was formed in 1979 and is headquartered in Princeton, New Jersey.

Firefly Aerospace
Company
Aerospace
Cedar Park, Texas
www.firefly.com
Advisors: Kirkland & Ellis , Goldman Sachs

Orbit is a provider of airborne communications and satellite-tracking maritime and ground-station solutions that is helping to expand and redefine how we connect. deliver innovative, cost-effective, and highly reliable solutions to commercial operators, major air forces and navies, space agencies, and emerging New Space companies. Orbit was founded in 1950 and is based in Netanya, Israel.

Kratos
Company
Defense
San Diego, California
www.kratosdefense.com

FIMI Opportunity Funds
Investor
Private Equity Firm
Tel Aviv, Israel
www.fimi.co.il

TYR Tactical designs and manufactures tactical equipment and protective gear for military, law enforcement, and first responder organizations. The Company’s product range includes ballistic armor, plate carriers, tactical vests, belts, pouches, and shield systems designed for operational durability and safety. TYR Tactical was founded in 2010 and is headquartered in Peoria, Arizona.

Cadre Holdings
Company
Safety/Security
Jacksonville, Florida
www.cadre-holdings.com

Invocon is a systems-engineering firm that designs and delivers instrumentation, data-acquisition, control, and power systems for extreme environments in aerospace, defence, and civil-monitoring applications. Invocon was founded in 1985 and is headquartered in Shenandoah, Texas.

Cemtrex
Company
Manufacturing
Brooklyn, New York
www.cemtrex.com

Estes Energetics is a defence and industrial company that researches, designs, engineers, manufactures, tests, and integrates solid-propellant rocket motors, energetics, and associated technologies for government and commercial customers. Estes Energetics was founded in 2021 and is based in Penrose, Colorado.

Voyager Technologies
Company
Aerospace
Denver, Colorado
www.voyagertechnologies.com

Tods Technology is a manufacturer, assembler, and MRO of advanced composite materials and engineering solutions for air and sea defence systems, aircraft interiors, and air transport equipment. Tods Technology specialities include design engineering, radomes, sonar, and underwater acoustic domes, fairings, and high-temperature applications. Tods Technology was formed in 1932 and is headquartered in Dorchester, England.

Canopy Aerospace & Defense
Company
Aerospace
Dallas, Texas
www.canopy-ad.com

Acorn Capital Management
Investor
Private Equity Firm
Oklahoma City, Oklahoma
www.acorncapitalmanagement.com

Hawkins Precision manufactures high-end rifle components engineered for competitive shooters and serious hunters. Hawkins Precision was founded in 2011 and is based in Colorado Springs, Colorado.

TriggerTech
Company
Defense
Mississauga, Ontario
www.triggertech.com

Hazard Protection Systems provides patented passive Fuel Tank Fire Suppression ("FTFS") systems for Military combat, tactical, and other specialty vehicles. Hazard Protection Systems was founded in 2006 and is based in United States.

Aerial Machine and Tool Corp.
Company
Machinery
Vesta, Virginia
www.aerialmachineandtool.com

Attollo Engineering specializes in shortwave infrared (SWIR) and midwave infrared (MWIR) imaging systems and laser sensing technologies. Attollo Engineering was founded in 2012 and is based in Camarillo, California.

Safran
Company
Aerospace
Paris, France
www.safran-group.com

Aries Defense is a defense technology company that specializes in tactical video and sensor integration, with a focus on capturing and distributing UAV and unattended sensor data for real-time situational awareness. Aries Defense was formed in 2017 and is headquartered in Suffolk, Virginia.

Sigma Defense
Company
Information Technology
Perry, Georgia
www.sigmadefense.com

e.sigma specializes in developing, manufacturing, implementing, and integrating training solutions in the field of military and security applications. e.sigma is based in Munich, Germany.

Diehl Stiftung & Co. KG
Company
Manufacturing
Nuremberg, Germany
www.diehl.com

Rift Dynamics is a defense technology company specializing in affordable, mass-producible combat drone systems. Its flagship platform, Wåsp, is currently deployed with the Norwegian Army and is designed to meet NATO standards and next-generation autonomy requirements. Rift Dynamics is based in Sandnes, Norway.

Ondas
Company
Technology Hardware
Marlborough, California
www.ondas.com

Apeiro Motion develops advanced ground robotics, fiber‑optic communications systems, and mission‑critical automation technologies for defense, homeland security, and industrial applications. Apeiro Motion is based in Kokhav Ya’ir, Israel.

Ondas
Company
Technology Hardware
Marlborough, California
www.ondas.com

4M Defense is a smart demining company specializing in advanced demining capabilities, including robotic systems with terrestrial and subsurface AI-powered intelligence technologies. 4M Defense was founded in 2015 and is based in Tel Aviv, Israel.

Ondas
Company
Technology Hardware
Marlborough, California
www.ondas.com

Sentrycs develops counter-drone technology and systems designed to detect, track, identify, and mitigate unauthorised unmanned aerial vehicles (UAVs). Sentrycs serves defence organisations, public safety agencies, and operators of critical infrastructure with solutions for airspace protection and threat management. Sentrycs was founded in 2017 and is headquartered in Tel Aviv, Israel.

Ondas
Company
Technology Hardware
Marlborough, California
www.ondas.com

Roboteam is a developer and manufacturer of tactical unmanned solutions for defense and security missions. Roboteam’s product suite includes a diverse family of unmanned ground vehicles (UGVs) designed to enhance operational effectiveness, improve force protection, and enable tactical superiority. Its combat-proven family of unmanned systems—ranging from lightweight 1.5 kg units to heavy 1.2-ton platforms—has been deployed by Tier-1 defense and law enforcement agencies across more than 30 countries. Roboteam was founded in 2009 and is based in Petah Tikva, Israel.

Ondas
Company
Technology Hardware
Marlborough, California
www.ondas.com