M&A Deal Summary

Lockheed Martin Acquires ChandlerMay

On November 13, 2012, Lockheed Martin acquired electronics company ChandlerMay from Arlington Capital Partners

Acquisition Highlights
  • This is Lockheed Martin’s 1st transaction in the Electronics sector.
  • This is Lockheed Martin’s 14th transaction in the United States.
  • This is Lockheed Martin’s 1st transaction in Alabama.

M&A Deal Summary
Date 2012-11-13
Target ChandlerMay
Sector Electronics
Buyer(s) Lockheed Martin
Sellers(s) Arlington Capital Partners
Deal Type Add-on Acquisition

Target

ChandlerMay

Huntsville, Alabama, United States
ChandlerMay, Inc. is a producer of military ground control stations for command and control and Unmanned Air Vehicles, and provider of related reset/refurbishment, upgrades and logistics support.

Search 201,292 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

Lockheed Martin

Bethesda, Maryland, United States
Category Company
Founded 1912
Sector Aerospace
Employees122,000
Revenue 67.6B USD (2023)
DESCRIPTION
Entrance to Lockheed Martin's corporate campus in Bethesda, Maryland.
Entrance to Lockheed Martin's corporate campus in Bethesda, Maryland.

Lockheed Martin is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of advanced technology systems and products worldwide. Lockheed Martin was established in 1912 and is based in Bethesda, Maryland.

DEAL STATS #
Overall 20 of 28
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 17 of 23
State (Alabama) 1 of 2
Country (United States) 14 of 19
Year (2012) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-17 Procerus Technologies

Orem, Utah, United States

Procerus Technologies LLC specializes in autopilot and other avionics for micro unmanned aerial systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 CDL Systems

Calgary, Alberta, Canada

CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems.

Buy -

Seller(S) 1

SELLER

Arlington Capital Partners

Chevy Chase, Maryland, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 7.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Arlington Capital Partners is a middle-market private equity firm focused on buyouts and recapitalizations in targeted growth industries. Arlington targets US based companies valued between $50 and $500 million with strong potential for organic growth and possible consolidation opportunities. Sectors of interest include business services and outsourcing, aerospace/defense, federal and commercial IT, media, education and training, healthcare services, and manufacturing. Arlington Capital was formed in 1999 and is headquartered in Washington DC.

DEAL STATS #
Overall 9 of 38
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 6 of 20
State (Alabama) 1 of 1
Country (United States) 9 of 36
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-04 Aero-Metric

Sheboygan, Wisconsin, United States

Aero-Metric, Inc. is a provider of geospatial services to corporate and governmental clients. Using photogrammetric and image processing technologies, Aero-Metric produces maps and provides services which define the earth's topographic shape, identify and measure its natural and man-made features and chronicle its condition

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-08 Cambridge Major Laboratories

Germantown, Wisconsin, United States

Cambridge Major Laboratories, Inc. is provider of pharmaceutical intermediates and Active Pharmaceutical Ingredients (API) from early preclinical development to commercial manufacture.

Sell $212M
Mergr

Product

Company

Legal