Transactions
November 8 2022
KippsDeSanto & Co. advises Woodlawn Manufacturing, Ltd., a portfolio company of Lone Star Investment Advisors, on its sale to National Defense Corporation, a subsidiary of National Presto Industries, Inc. (NYSE: NPK)
KippsDeSanto & Co. is pleased to announce the sale of its client, Woodlawn Manufacturing, Ltd. (“Woodlawn” or the “Company”) to National Defense Corporation (“NDC”), a subsidiary of National Presto Industries, Inc.
Headquartered in Marshall, TX, Woodlawn is a precision manufacturer of machined metal parts and assemblies for the defense industry. The Company is a first- and second-tier supplier to the U.S. military, manufacturing missile warhead bodies, countermeasure flare components, and other ammunition metal components that require a high degree of precision. Since its founding in 1973, the Company has maintained long-term relationships with blue chip customers including General Dynamics, Chemring, Northrop Grumman, TransDigm, AMTEC, and the Department of Defense.
The transaction augments NDC’s portfolio of explosive manufacturing, assembly, machining, and forming capabilities supporting the Department of Defense.
We believe this investment demonstrates several key trends in the current Aerospace / Defense M&A environment:
• Return to consistent, high-visibility programs with increased demand resulting from global conflicts
• Focus on established relationships with prime defense contractors
• Significant value placed on ability to deliver orders efficiently and effectively despite supply chain constraints
LEAD INVESTMENT BANKERS
Karl M. Schmidt
Sung Shin
KippsDeSanto & Co. is pleased to announce the sale of its client, Woodlawn Manufacturing, Ltd. (“Woodlawn” or the “Company”) to National Defense Corporation (“NDC”), a subsidiary of National Presto Industries, Inc.
Headquartered in Marshall, TX, Woodlawn is a precision manufacturer of machined metal parts and assemblies for the defense industry. The Company is a first- and second-tier supplier to the U.S. military, manufacturing missile warhead bodies, countermeasure flare components, and other ammunition metal components that require a high degree of precision. Since its founding in 1973, the Company has maintained long-term relationships with blue chip customers including General Dynamics, Chemring, Northrop Grumman, TransDigm, AMTEC, and the Department of Defense.
The transaction augments NDC’s portfolio of explosive manufacturing, assembly, machining, and forming capabilities supporting the Department of Defense.
We believe this investment demonstrates several key trends in the current Aerospace / Defense M&A environment:
• Return to consistent, high-visibility programs with increased demand resulting from global conflicts
• Focus on established relationships with prime defense contractors
• Significant value placed on ability to deliver orders efficiently and effectively despite supply chain constraints
LEAD INVESTMENT BANKERS
Karl M. Schmidt
Sung Shin
We prioritize your privacy. We do not sell your information and will only send occasional, relevant emails.
Copyright © 2025 KippsDeSanto & Co.
All Rights Reserved