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October 23 2025

KippsDeSanto & Co. advises Aeronautical & General Instruments Limited on its divestiture from Trident Maritime Systems, a portfolio company of J.F. Lehman & Company, and sale to DC Capital Partners

KippsDeSanto & Co. is pleased to announce the sale of its client, Aeronautical & General Instruments Limited (“AGI” or the "Company”), to DC Capital Partners (“DC Capital”). The transaction represents AGI's divestiture from Trident Maritime Systems (“Trident”), a portfolio company of J.F. Lehman & Company (“JFLCO”).

Headquartered in Poole, U.K., AGI is a leading provider of proprietary, highly engineered electronic systems essential for critical naval operations across the world. The Company offers a comprehensive portfolio of opto-electronic and electro-mechanical systems supporting landing, navigation, communications, and other mission-critical naval applications.

Tracing its heritage back more than a century, AGI has cultivated a prestigious brand reputation with solutions characterized by technical complexity, proprietary designs, tech-enabled manufacturing, and world class testing capabilities. The Company is deeply entrenched on generational surface and submarine platforms for U.S., U.K., and allied naval fleets. AGI’s commitment to quality and technical excellence plays a critical role in maintaining the operational effectiveness and combat readiness of global naval fleets.

The acquisition by DC Capital will allow AGI to more effectively serve their customers as a standalone company with a continued focus on addressing global defense priorities and supporting U.S., U.K., and allied naval platforms. AGI's content on major naval platforms places the Company at the forefront of a significant, long-term recapitalization cycle for global maritime defense.

This transaction highlights several key trends in the aerospace and defense M&A market:

• Continued emphasis on highly proprietary and sole-source content supporting multi-generational allied naval platforms, particularly within the context of accelerating security alliances

• Strong interest in defense suppliers with entrenched positions on critical international shipbuilding programs, driving significant long-term revenue visibility from both original equipment manufacturer ("OEM") and recurring aftermarket sales

• Growing M&A focus on companies that provide complementary mission-critical naval electronics that are essential for naval safety and situational awareness

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity and industry experience. We help market leaders realize their full strategic value. Having advised on over 200 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.

KippsDeSanto & Co. is pleased to announce the sale of its client, Aeronautical & General Instruments Limited (“AGI” or the "Company”), to DC Capital Partners (“DC Capital”). The transaction represents AGI's divestiture from Trident Maritime Systems (“Trident”), a portfolio company of J.F. Lehman & Company (“JFLCO”).

Headquartered in Poole, U.K., AGI is a leading provider of proprietary, highly engineered electronic systems essential for critical naval operations across the world. The Company offers a comprehensive portfolio of opto-electronic and electro-mechanical systems supporting landing, navigation, communications, and other mission-critical naval applications.

Tracing its heritage back more than a century, AGI has cultivated a prestigious brand reputation with solutions characterized by technical complexity, proprietary designs, tech-enabled manufacturing, and world class testing capabilities. The Company is deeply entrenched on generational surface and submarine platforms for U.S., U.K., and allied naval fleets. AGI’s commitment to quality and technical excellence plays a critical role in maintaining the operational effectiveness and combat readiness of global naval fleets.

The acquisition by DC Capital will allow AGI to more effectively serve their customers as a standalone company with a continued focus on addressing global defense priorities and supporting U.S., U.K., and allied naval platforms. AGI's content on major naval platforms places the Company at the forefront of a significant, long-term recapitalization cycle for global maritime defense.

This transaction highlights several key trends in the aerospace and defense M&A market:

• Continued emphasis on highly proprietary and sole-source content supporting multi-generational allied naval platforms, particularly within the context of accelerating security alliances

• Strong interest in defense suppliers with entrenched positions on critical international shipbuilding programs, driving significant long-term revenue visibility from both original equipment manufacturer ("OEM") and recurring aftermarket sales

• Growing M&A focus on companies that provide complementary mission-critical naval electronics that are essential for naval safety and situational awareness

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity and industry experience. We help market leaders realize their full strategic value. Having advised on over 200 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.