Add-on Acquisition • Technology Hardware

Sigma Defense Acquires EWA

On April 22, 2024, Sigma Defense acquired technology hardware company EWA

Acquisition Context

This is Sigma Defense’s 2nd transaction in the Technology Hardware sector.
This is Sigma Defense’s 4th transaction in the United States.
This is Sigma Defense’s 1st transaction in Virginia.

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M&A Deal Summary
Date	April 22, 2024
Target	EWA
Sector	Technology Hardware
Buyer(s)	Sigma Defense
Deal Type	Add-on Acquisition

Target Company

EWA

Herndon, Virginia, United States

EWA is a technology business providing professional services and specialized products to its customers. EWA specializes in a broad array of EW products and services, including analysis, simulation and training, RF threat simulators and custom instrumentation for laboratories and OARs, signal analysis software, and embedded training hardware and software. They also provide engineering products and services in cyber defense, intelligence, security, training, tactical mission planning, information operations, wireless applications, range instrumentation, spectrum, radar development, force protection and counter-UAS solutions. EWA was founded in 1977 and is based in Herndon, Virginia.

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Buyer Overview 1

Buyer

Sigma Defense

Perry, Georgia, United States

Category	Company
Founded	2006
Sector	Information Technology

DESCRIPTION

Sigma Defense is a provider of airborne intelligence, surveillance, and reconnaissance (“AISR”) sensor data transport engineering and services. Sigma Defense was founded in 2006 and is based in Perry, Georgia.

Deal Context for Buyer	#
Overall	4 of 5
Sector: Technology Hardware	2 of 2
Type: Add-on Acquisition	4 of 5
State: Virginia	1 of 2
Country: United States	4 of 5
Year: 2024	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-02-13	Juno Technologies San Diego, California, United States Juno Technologies provides IT engineering, systems integration, software development and technical support to the Naval Information Warfare Systems Command (NAVWAR), US Coast Guard, Military Sealift Command and US Navy ships and submarines worldwide. Juno Technologies is based in San Diego, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-02-13

Juno Technologies

San Diego, California, United States

Juno Technologies provides IT engineering, systems integration, software development and technical support to the Naval Information Warfare Systems Command (NAVWAR), US Coast Guard, Military Sealift Command and US Navy ships and submarines worldwide. Juno Technologies is based in San Diego, California.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2025-10-13	Aries Defense Suffolk, Virginia, United States 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.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2025-10-13

Aries Defense

Suffolk, Virginia, United States

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.

Buy

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