M&A Deal Summary

General Atomics Acquires Miltec

On February 25, 2016, General Atomics acquired aerospace company Miltec from Ducommun

Acquisition Highlights
  • This is General Atomics’ 1st transaction in the Aerospace sector.
  • This is General Atomics’ 1st transaction in the United States.
  • This is General Atomics’ 1st transaction in Alabama.

M&A Deal Summary
Date 2016-02-25
Target Miltec
Sector Aerospace
Buyer(s) General Atomics
Sellers(s) Ducommun
Deal Type Divestiture

Target

Miltec

Huntsville, Alabama, United States
Miltec Corp. is a provider of military defense and aerospace systems design, development, integration and test services. Miltec Corp. was established in 1997 and is based in Huntsville, Alabama.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

General Atomics

San Diego, California, United States
Category Company
Founded 1955
Sector Defense
DESCRIPTION

General Atomics is a defense contractor that provides research and manufacturing services for remotely operated surveillance aircrafts. General Atomics was established in 1955 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 3
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-02 Syntronics

Fredericksburg, Virginia, United States

Syntronics LLC is a developer and manufacturer of custom electro-mechanical technologies including projectile and missile guidance systems. Syntronics LLC was established in 2004 and is based in Fredericksburg, Virginia.

Buy -

Seller(S) 1

SELLER

Ducommun

Santa Ana, California, United States
Category Company
Founded 1849
Sector Engineering
Employees2,265
Revenue 757M USD (2023)
DESCRIPTION
Ducommun's corporate headquarters in Carson, California.
Ducommun's corporate headquarters in Carson, California.

Ducommun is a global provider of engineering and manufacturing services for high-performance products and high-cost-of failure applications used primarily in the aerospace, defense, industrial, natural resources, medical and other industries. Ducommun operates through two primary business units: Ducommun LaBarge Technologies and Ducommun AeroStructures. Ducommun LaBarge Technologies manufactures electronics that include complex cable assemblies and interconnect systems, printed circuit board assemblies, and higher-level electronic, electromechanical and mechanical assemblies. Ducommun AeroStructures manufactures structural components, structural assemblies and bonded components for a variety of aircraft. Ducommun was incorporated in 1849 and is based in Santa Ana, California.

DEAL STATS #
Overall 1 of 1
Sector (Aerospace) 1 of 1
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-04 LaBarge

United States

LaBarge is a supplier of electronics manufacturing services (EMS) operating across many high-growth industries.

Buy $338M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-09 Nobles Worldwide

St. Croix Falls, Wisconsin, United States

Nobles Worldwide, Inc. is the largest supplier of ammunition feed systems to all branches of the U.S. military and its allies. Nobles are recognized globally for their superior durability products, cutting-edge designs, and rigorous quality assurance. Nobles Worldwide offer lighter, stronger and more flexible materials used in ammunition chutes, magazines, gun mounts, and weapon stations. Nobles are based in St. Croix Falls, Wisconsin.

Buy -
Mergr

Product

Company

Legal