M&A Transactions
Noblis, Inc. has acquired FTS International, LLC, a provider of mission engineering, intelligence analysis, systems integration, and operational support for U.S. federal government defense, intelligence, and space markets. Terms of the transaction were not disclosed. KippsDeSanto & Co. served as exclusive financial advisor to FTS International, LLC.
Ondas Holdings, Inc. (NASDAQ: ONDS) has agreed to acquire Aran Defense Ltd., a subsidiary of Aran Ltd. (TASE: ARAN), a provider of defense-focused engineering and manufacturing solutions for Israeli defense markets. The transaction is valued at $33 million.
Reply S.p.A. (BIT: REY) has acquired FedTec, LLC, a provider of artificial intelligence, cybersecurity, digital modernization, and cloud infrastructure services to U.S. civilian and defense agencies. Terms of the transaction were not disclosed.
TTM Technologies, Inc. (NASDAQ: TTMI) has agreed to acquire EPIQ Design Solutions LLC, a portfolio company of Veritas Capital, a provider of open-architecture, AI-enabled software-defined radios (“SDRs”), high-performance RF products, and radiation-tolerant space compute solutions that support mission-critical signals intelligence and electronic warfare applications. The transaction is valued at $1.1 billion.
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