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29 Jan 26. Geoforce, a global leader in rugged and intrinsically safe asset intelligence solutions for the world’s most physically demanding industries, today announced it has acquired AssetLink Global, an industry leader in remote monitoring systems and next-generation IoT services specializing in military & defense and other field-centric industries such as rail, cold chain, tank level, and maritime vessel monitoring systems. The acquisition expands Geoforce’s technical capabilities and industry coverage—particularly in secure satellite communications, intelligent sensor integrations, and defense-grade deployments—while reinforcing the company’s mission to deliver reliable, real-time asset intelligence in the most hazardous and remote operating environments. AssetLink Global was an early pioneer in the secure and affordable use of global satellite networks for asset visibility, offering advanced sensor integration capabilities—including door open/close, pressure, temperature, load, fluid level, and other condition-based sensors—that combined with advanced edge intelligence amplify Geoforce’s modern, asset-first software platform.

“AssetLink Global is an exceptional strategic fit for Geoforce,” said James MacLean III, Chief Executive Officer of Geoforce. “They bring world-class expertise in satellites, sensors, and industry depth that meaningfully expands our capabilities and reach. Just as important, we share a common mindset—curious, collaborative, and deeply committed to helping customers operate more efficiently in the field. Together, we are better positioned than ever to serve the world’s most demanding industries.”

AssetLink Global adds depth and expertise in broad military & defense use cases as well as rail, maritime, oil & gas and transportation. Its solutions support logistics tracking, military logistics, unattended sensor monitoring, offshore vessel supply operations, and tank-level and other condition-based monitoring use cases.

Geoforce’s indestructible tracking devices and modern, intuitive, and robust SaaS fleet management platform support construction, equipment rental, mining, oil & gas, and rail operations by enabling efficient asset location and retrieval, rental invoice auditing, service delivery verification, inspection compliance, and equipment maintenance alerts. Together, the combined company will continue to innovate in support of the most demanding operations in the harshest environments.

“Geoforce and AssetLink Global have worked together for years, and this combination is a natural fit,” said David Goldstein, Chief Executive Officer of AssetLink Global. “We share a common vision for connecting assets, improving operational efficiency, and delivering reliable asset knowledge in complex, real-world environments. Joining forces allows us to deliver greater customer value by combining AssetLink’s renowned hardware and sensor capabilities with Geoforce’s best-in-class asset-centric software platform.”

AssetLink Global will continue to be led by Goldstein and will operate within the Geoforce family, ensuring customers benefit from expanded technical resources, enhanced capabilities, and a unified commitment to service and reliability.

About Geoforce

Combining a cloud-based software platform with ruggedized GPS tracking devices, Geoforce’s asset intelligence solutions bring control to even the most remote field operations. The company’s asset tracking devices are built for the world’s toughest field operators in industries including oil & gas, transportation and logistics, equipment rental, rail, construction, mining, government and defense, and agriculture. Today, more than 2,000 customers track over 300,000 assets in more than 100 countries. Headquartered in Plano, Texas, Geoforce operates a research and development office in Bozeman, Montana, and sales and support offices throughout the U.S. and in Brazil, Australia, and Canada. For more information, visit geoforce.com.

About AssetLink Global

AssetLink Global is a trusted provider of secure, satellite-enabled asset tracking and sensor integration solutions, with deep expertise in defense, maritime, oil & gas, and rail asset monitoring. Known for its technical depth and satellite technology leadership, AssetLink Global provides visibility into the complex operations and processes that form the backbone of the global economy. By unlocking the flow of information from the edge, AssetLink helps organizations reduce risk, improve operational efficiency, and enable innovative solutions. For more information, visit assetlinkglobal.com. (Source: PR Newswire)

 

29 Jan 26. VSE Corporation Agrees to Acquire Precision Aviation Group in Transformational Aviation Aftermarket Transaction.

• Acquisition expands VSE’s platform and capabilities in the high-margin, high-growth, mission-critical aviation aftermarket
• Combination creates a leading independent, scaled aviation aftermarket pure-play, and increases VSE estimated pro forma full year 2025 Aviation revenue by ~50%
• VSE consolidated Adjusted EBITDA margin¹ expected to exceed 20% over the next few years as integration and synergy initiatives progress
• Precision Aviation Group’s adjusted EBITDA margin¹ expected to be immediately accretive to VSE’s consolidated Adjusted EBITDA margin¹
• VSE provides preliminary fourth quarter and full year 2025 results
• VSE to host a presentation, conference call, and question-and-answer session on January 29, 2026, at 8:00 A.M. ET

VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aviation aftermarket distribution and repair services, announced today that it has entered into a definitive agreement to acquire Precision Aviation Group, Inc. (“PAG”), a portfolio company of GenNx360 Capital Partners (“GenNx”), for total upfront consideration of approximately $2.025 billion in cash and equity.

Founded in 1996 and headquartered in Atlanta, Georgia, PAG is a best-in-class global provider of aviation maintenance, repair, and overhaul (“MRO”) services, distribution, and supply chain solutions serving commercial, business and general aviation (“B&GA”), rotorcraft, and defense end markets. PAG operates 29 locations worldwide, employs more than 1,000 people, serves over 10,000 customers globally, and completes more than 175,000 repairs annually. PAG expects to generate approximately $615 million of adjusted revenue1 for the fiscal year ended December 31, 2025.

The acquisition is expected to significantly expand VSE’s scale and enhance its engine and component service capabilities across the aviation aftermarket, while maintaining a focused strategy centered on high-value, high-margin, mission-critical, and differentiated services. Together, VSE and PAG will create a more diversified, globally scaled aviation aftermarket platform with broader technical capabilities and an expanded portfolio of proprietary repair and solutions content designed to strengthen customer support, extend asset life, and reduce total cost of ownership.

MANAGEMENT COMMENTARY

“This acquisition represents a pivotal moment for VSE and a major milestone in our strategy to build a scaled, differentiated, higher-margin aviation aftermarket platform,” said John Cuomo, President and Chief Executive Officer of VSE Corporation. “We have long admired PAG and view it as an exceptional strategic fit within the VSE portfolio. PAG adds a differentiated parts and services model, new and highly complementary capabilities, a best-in-class sales organization, a scaled MRO footprint, deep technical expertise, and strong customer and supplier relationships across growing commercial, B&GA, rotorcraft, and defense end markets.

“This transformational transaction is expected to significantly expand our scale, increase our proprietary solutions content, and further strengthen our position as a mission-critical partner to aviation operators worldwide. Together, we expect to deliver meaningful value for our customers, suppliers, employees, and shareholders through enhanced growth, greater diversification, and near-term margin expansion,” concluded Cuomo.

“We have built a reputation for customer responsiveness, expansive technical capabilities and dependable support for operators worldwide. Joining VSE represents an important next chapter for PAG,” said David Mast, Chief Executive Officer of Precision Aviation Group. “VSE shares our commitment to technical excellence, operational discipline, and world-class customer service. We are excited to combine our platforms to broaden capabilities, strengthen global reach, and accelerate long-term growth for the benefit of our customers, employees, and partners.”

“We are incredibly proud of the exceptional platform we have built at PAG and believe VSE is the ideal strategic partner to accelerate its next stage of growth,” said Pratik Rajeevan, Principal at GenNx360 Capital Partners. “Our significant equity rollover reflects our conviction in PAG’s momentum and in VSE’s ability to scale the platform, enhance capabilities, and deliver even greater value for customers,” added Ron Blaylock, Founder and Managing Partner of GenNx360 Capital Partners.

ACQUISITION OVERVIEW

PAG supports the global aviation aftermarket through four strategic business units:

1. Component Services — Provides system and component repair and overhaul capabilities across hydraulics, pneumatics, starter generators, wheels and brakes, electrical systems, fuel accessories, batteries, instruments, and landing gear, serving commercial, B&GA, military fixed-wing, and rotorcraft platforms.
2. Engine Services — Delivers component, accessory, engine and APU testing and overhaul for turbine-powered platforms across commercial, cargo, B&GA, rotorcraft, lessors, OEMs, and defense end markets.
3. Avionics Services — Offers repair solutions for flight-critical electronic and electromechanical systems, including displays, sensors, engine and flight control systems, navigation, communications, and radar, serving commercial, B&GA, and military fixed-wing and rotorcraft platforms.
4. Proprietary Solutions — Provides Designated Engineering Representative (“DER”) repairs, reverse engineering alternatives, and low-rate in-house manufacturing of structural parts, circuit boards, and subassemblies for commercial, B&GA, military fixed-wing, and rotorcraft applications.

STRATEGIC RATIONALE

• Transformational scale and global footprint. The combined company is expected to operate 60 locations worldwide, with an industry-leading MRO network and centers of excellence that enhance customer proximity, turnaround times, aircraft-on-ground (“AOG”) support, and supply chain responsiveness.
• Structural revenue and margin expansion. Margin improvement is supported by increased proprietary content and expanded repair capabilities. PAG’s margin profile, combined with VSE’s growing proprietary parts and repair solutions, is expected to drive operating leverage and support a path to exceed 20% consolidated Adjusted EBITDA margin¹ over the next few years as integration and synergy initiatives progress. In addition, PAG meaningfully scales VSE Aviation’s aftermarket revenue platform, representing an estimated ~50% increase in full year 2025 revenue on a pro forma basis.
• Multiple synergy and value-creation levers. VSE expects more than $15 million of annualized synergy opportunities over the next few years, driven by cross-selling, insourcing of product support and repairs, operational and cost efficiencies, procurement savings, network optimization, and working capital and supply chain improvements.
• Expanded pure-play aviation aftermarket portfolio. The combination creates an industry-leading repair and parts distribution platform spanning component and engine MRO, avionics, accessories, wheels and brakes, used serviceable material exchanges, and engineered proprietary repairs.
• Enhanced end-market and customer diversification. The combined company expands exposure across commercial, cargo, B&GA, rotorcraft, engine lessors, OEMs, and defense end markets, increasing resilience through market cycles.

FINANCIAL HIGHLIGHTS AND TRANSACTION TERMS

Under the terms of the definitive agreement, VSE will acquire PAG for total upfront consideration of approximately $2.025 billion, subject to customary working capital adjustments, consisting of $1.75 billion in cash and approximately $275 million of equity consideration issued to GenNx, with registration rights, subject to a customary lock-up period, with such lock-up period expiring in three equal parts six-, 12-, and 18-months post-closing. In addition, the agreement includes up to $125 million in additional contingent earnout consideration, payable in cash or equity consideration at VSE’s sole discretion, based on PAG’s 2026 adjusted EBITDA1 performance.

Inclusive of full anticipated run-rate synergies, the total upfront consideration represents approximately 13.5x PAG’s expected adjusted EBITDA1 for the full year period ended December 31, 2025.

The cash portion of the upfront consideration is supported by a fully committed bridge facility. The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals and customary closing conditions.

PRELIMINARY FOURTH QUARTER AND FULL YEAR 2025 VSE CONSOLIDATED FINANCIAL RESULTS1

Preliminary estimates of VSE’s operating results for the year ended December 31, 2025 are presented below. VSE has not yet finalized its operating results for this period. VSE’s actual operating results remain subject to the completion of its year-end closing process, which includes review by management and the Company’s audit committee. While carrying out such procedures, VSE may identify items that would require the Company to make adjustments to the preliminary estimates of its operating results set forth below. As a result, VSE’s actual operating results could be outside of the ranges set forth below and such differences could be material. Therefore, you should not place undue reliance on these preliminary estimates of VSE’s operating results. See cautionary note regarding “Forward-Looking Statements.”

The preliminary estimates of VSE’s operating results included below have been prepared by, and are the responsibility of, VSE’s management. VSE’s independent registered public accountants have not audited, reviewed, or performed any procedures with respect to such preliminary estimates of VSE’s operating results. The information presented herein should not be considered a substitute for the financial information VSE intends to file with the SEC in its Annual Report on Form 10-K for the year ended December 31, 2025.

The Company expects to report a sequential quarterly improvement in free cash flow in the fourth quarter, resulting in positive free cash flow for the full year 2025.

The Company plans to fully disclose its fourth quarter and full year 2025 results, along with its 2026 outlook, next month.

ADVISORS

Perella Weinberg Partners served as exclusive financial and debt capital markets advisor to VSE.

Jones Day served as legal counsel to VSE.

Winston & Strawn served as legal counsel, and JP Morgan and Jefferies served as sell-side advisors to GenNx360 Capital Partners. (Source: BUSINESS WIRE)

 

28 Jan 26. Hexcel Corporation (NYSE: HXL) today reported fourth quarter 2025 results including net sales of $491m and adjusted diluted EPS of $0.52 per share.

Chairman, CEO and President Tom Gentile said, “Although 2025 was another challenging year for commercial aircraft production, we began to see positive trends in the fourth quarter that suggest a stronger 2026. Earlier this past year, our commercial aerospace OEM customers delayed aircraft production rate ramps, particularly on the Airbus A350, Hexcel’s largest program, due to industry-wide supply chain disruptions leading to channel destocking that weighed on our 2025 sales and margins. Recent trends of rising commercial aircraft build rates are encouraging as are the global trends of increasing defense and space spending. We closed 2025 on a strong note with a solid fourth quarter and particularly favorable order trends in December as destocking abates, which reinforces our view that the commercial aerospace recovery is accelerating.”

Mr. Gentile continued, “We expect growth in 2026, consistent with the confidence we signaled by executing the accelerated share repurchase or ASR program in October 2025. As sales grow from customer rate ramps, operating leverage will drive margin expansion, supported by disciplined execution and continuing cost control. Our 2026 guidance is for 8% sales growth at the midpoint and adjusted EPS to grow 25% at the midpoint, illustrating the inherent operating leverage within our business. This guidance incorporates what we believe are prudent assumptions on timing and rate ramp cadence. Hexcel has the needed capacity to exceed prior peak sales levels and the Company is well-positioned to execute and benefit as commercial aircraft production rates increase. When commercial aerospace OEMs achieve their production targets across all their programs, it will generate approximately $500 m of incremental annual revenue for Hexcel.”

Markets

Sales in the fourth quarter of 2025 were $491.3m compared to $473.8m, a 3.7% increase from the fourth quarter of 2024.

Commercial Aerospace

• Commercial Aerospace sales of $299.5m for the fourth quarter of 2025 increased 7.6% (5.8% in constant currency) compared to the fourth quarter of 2024 led by strong growth in Airbus A320neo sales. Boeing 787 and 737 MAX sales also increased year over year whereas Airbus A350 sales decreased on lingering destocking. Other Commercial Aerospace sales increased 16.1% in the fourth quarter of 2025 compared to the fourth quarter of 2024 primarily from strength in regional jets.

Defense, Space & Other

• Defense, Space & Other sales of $191.8m decreased 1.9% (4.3% in constant currency) for the quarter as compared to the fourth quarter of 2024. Defense sales increased from strength in military helicopter programs and Space sales increased from launchers whereas sales for the Other category were lower following the September 30, 2025 divestment of the Austrian-based industrial business.

Consolidated Operations

Gross margin for the fourth quarter of 2025 was 24.6% compared to 25.0% in the fourth quarter of 2024. As a percentage of sales, selling, general and administrative expenses for the fourth quarter of 2025 was 8.5% compared to 10.1% for the fourth quarter of 2024. R&T expenses as a percentage of sales was 2.9% for the fourth quarter of 2025 compared to 2.8% for the fourth quarter of 2024. Adjusted operating income in the fourth quarter of 2025 was $65.1m or 13.3% of sales, compared to $57.1m or 12.1% of sales in 2024. The impact of foreign exchange rates to operating income as a percentage of sales was unfavorable by approximately 110 basis points in the fourth quarter of 2025 compared to the fourth quarter of 2024. Other operating expenses for the fourth quarter of 2025 included restructuring charges associated with the previously disclosed facility closure in Welkenraedt, Belgium, and Other non-operating expense in the fourth quarter primarily included a retirement plan curtailment gain related to this facility closure. Other operating expense for the fourth quarter of 2024 included asset impairments and other charges primarily associated with the divestiture of the Neumarkt, Austria business.

FY 2025 Results

Sales for the full year of 2025 were $1,893.9 m compared to $1,903.0m, a 0.5% decrease from 2024 sales.

Commercial Aerospace (61% of sales)

• Commercial Aerospace sales of $1,146.9m decreased 4.0% (4.4% in constant currency) for the full year of 2025 compared to the full year of 2024. Sales were lower in 2025 compared to 2024 for the A350, 787 and 737 MAX, partially offset by increased A320neo sales. Other Commercial Aerospace sales increased 9.5% for the full year of 2025 as compared to the full year of 2024 from strength in regional jets.

Defense, Space & Other (39% of sales)

• Defense, Space & Other sales of $747.0m increased 5.4% (4.0% in constant currency) for the full year of 2025 as compared to the full year of 2024. Growth was driven by domestic and international helicopter programs including the Sikorsky Black Hawk and CH-53K as well as a European fighter program and growth in Space sales, including launchers, rocket motors and satellites.

Consolidated Operations

Gross margin for 2025 was 23.0% compared to 24.7% in the prior year as inventory reduction actions and sales mix led to unfavorable cost leverage. As a percentage of sales, selling, general and administrative expense for the full year of 2025 was 8.9% compared to 9.3% for 2024. R&T expenses as a percentage of sales was 3.0% for the full year of 2025, which was unchanged compared to 3.0% for the full year of 2024. Adjusted operating income for the full year of 2025 was $209.4 m or 11.1% of sales, compared to $236.1 m or 12.4% of sales in 2024. The impact of foreign exchange rates on operating income as a percentage of sales was unfavorable by approximately 10 basis points for 2025 compared to 2024. Other operating expense for 2025 included charges for the divestiture of the Neumarkt, Austria business, the divestiture of the Hartford, Connecticut business, and the closure of the Welkenraedt, Belgium facility. Other operating expense for 2024 included asset impairments and other charges primarily associated with the divestiture of the Neumarkt, Austria business. Other non-operating expense for 2025 primarily included a curtailment and settlement gains related to retirement plans partially offset by debt extinguishment costs.

Cash and other

• Net cash provided by operating activities in 2025 was $230.5 m, compared to $289.9 m in 2024. Working capital was a cash use of $1.5 m in 2025 compared to a use of $0.8m in 2024. Capital expenditures on a cash basis were $73.3 m in 2025 compared to $87.0 m in 2024. Free cash flow was $157.2m in 2025 compared to $202.9 m in 2024. Free cash flow is defined as cash generated from operating activities less cash paid for capital expenditures. Capital expenditures on an accrual basis were $76.7 m in 2025 and $81.1 m in 2024.
• The Company entered into a $350m accelerated share repurchase (ASR) agreement on October 22, 2025. The Company received an initial delivery of approximately 3.95 m shares of the Company’s common stock on October 24, 2025, representing 80% of the shares expected to be repurchased under the ASR agreement. The final settlement under the ASR agreement is scheduled to occur in the first quarter of 2026. The remaining authorization under the Company’s share repurchase program was $380.6 m as of December 31, 2025.
• As announced today, the Board of Directors declared a quarterly dividend of $0.18 per share, an increase of $0.01 per share, payable to stockholders of record as of February 9, 2026, with a payment date of February 17, 2026.

2026 Guidance

• Sales of $2.0 bn to $2.1bn
• Adjusted diluted earnings per share of $2.10 to $2.30
• Free cash flow of greater than $195 m
• Capital Expenditures less than $100 m

(Source: BUSINESS WIRE)

 

28 Jan 26. York Space Systems (York), a modern defense prime built for speed and scale, announced the pricing of its upsized initial public offering of 18,500,000 shares of its common stock at a public offering price of $34 per share. In addition, York has granted the underwriters a 30-day option to purchase up to an additional 2,775,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on January 29, 2026 under the ticker symbol “YSS,” and the offering is expected to close on January 30, 2026, subject to customary closing conditions. Goldman Sachs & Co. LLC, Jefferies, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering. J.P. Morgan and Citigroup are acting as joint bookrunning managers. Truist Securities, Baird, and Raymond James are acting as bookrunners. Canaccord Genuity, Needham & Company, and Academy Securities are serving as co-managers. The offering is being made only by means of a prospectus. When available, a copy of the final prospectus related to this offering may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, when available, a copy of the preliminary prospectus related to the proposed offering may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526, by facsimile at 212-902-9316 or by email at ; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at ; Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, by telephone at 800-645-3751 (option #5) or by email at . A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. (Source: BUSINESS WIRE)

 

28 Jan 26. CSIR and Denel sign partnership to advance aerospace and military technologies. The Council for Scientific and Industrial Research (CSIR) and Denel have signed an agreement to advance research, technology development, innovation, knowledge sharing and technology commercialisation in what the CSIR says is a significant milestone to accelerate South Africa’s aerospace and military technologies. The signing ceremony was held on Wednesday 14 January 2026 at the CSIR, which was attended by the chief executives of the CSIR and Denel.

“The partnership reinforces the CSIR’s mandate to improve competitiveness of industry and support a capable state through science, technology and innovation. It establishes a framework for cooperation across a wide range of research, development and innovation areas,” the CSIR said in a statement on 27 January.

Speaking at the ceremony, CSIR Chief Executive Officer (CEO), Dr Thulani Dlamini, highlighted the extensive scope of the collaboration, which spans areas such as advanced manufacturing, engineering services, sensors, human capital development, maritime, missile technologies, cybersecurity, aeronautics, command, control and situational awareness platforms, space technology and joint technology commercialisation.

“The partnership represents a significant step forward in building a future-ready, innovation-led economy. By combining the CSIR’s research capabilities with Denel’s expertise, we aim to co-create solutions that not only respond to present challenges but also shape the aerospace and defence technologies of tomorrow. This collaboration will ultimately contribute towards building a capable state,” said Dlamini.

By signing the MoU, the entities aim to establish a formal foundation for joint initiatives that will enhance national competitiveness, attract investment, support the development and commercialisation of locally developed technologies and promote skills development, the CSIR added.

Denel CEO, Tsepo Monaheng, echoed Dlamini’s sentiments. “We are excited that we have this shared vision to collaborate so we can successfully provide solutions to the SANDF [South African National Defence Force] and the broader security cluster to achieve national security. For us, it will always be about how we can best support and advance our country’s aerospace and defence industries. This is where we align with the CSIR, whose mission is to strengthen South Africa’s key sectors and help build a capable state. We are proud to collaborate and look forward to many fruitful opportunities that will contribute to national development.”

Both entities reaffirmed their commitment to protecting intellectual property rights and ensuring compliance with all relevant legal and regulatory frameworks.

Denel and the CSIR have a long history of working together. The CSIR noted it was the birthplace of the Rooivalk attack helicopter, and played a pivotal role in the development of Denel’s suite of missiles. The Council worked with the companies that preceded Denel, such as Kentron, and Atlas Aircraft Corporation – the Rooivalk project began in early 1984under the auspices of Atlas, a predecessor of Denel Aviation. One of the CSIR’s contributions to the Rooivalk includes the development of infrared heat suppressors that were fitted on the exhausts. Another example of collaboration was the joint development of the Optronic System Simulator (OSSIM), a research tool that addresses issues relevant to physics-based radiometry, signature measurement, and the modelling of signatures, sensors and signal processing; all for the user-system under investigation. The CSIR and Denel Dynamics use OSSIM extensively. In 2001, Denel sold the research-and-development portion of its Mechem division to the CSIR, allowing the CSIR to develop its landwards defence technology capability through research and development for the army and special forces, research into humanitarian mine clearing and development of land-mine protection for vehicles. Mechem was originally part of the CSIR before becoming part of Armscor and after 1992, part of Denel. During that time it researched and developed a number of armoured vehicles for police and military use – including the Casspir, an anagram for CSIR and SAP (South African Police). More recently, in 2016 Denel and the CSIR concluded an agreement to commercialise and market the Cmore software platform developed by the CSIR. Cmore integrates and processes data from different sensors and communication devices and has already been put into service to track rhino poachers before they kill in the Kruger National Park. (Source: https://www.defenceweb.co.za/)

 

28 Jan 26.  IFS, the leading provider of Industrial AI software, today announced its financial results for the fiscal year ending 31 December 2025, delivering 23% year-on-year ARR growth, strong margin expansion, and increasing customer expansion as Industrial AI moves decisively from experimentation to scaled operational deployment.

IFS’s FY2025 performance reflects a fundamental shift in the industrial software market. The world’s largest asset-intensive and service-centric enterprises are no longer asking whether AI works—they are scaling solutions that deliver measurable outcomes across manufacturing, asset maintenance, supply chain, field service, and warehouse operations.

Industrial AI delivering real-world outcomes at scale

The IFS Industrial AI platform is delivering production-grade results where generic AI approaches fall short. Customers typically begin with targeted operational use cases, achieve rapid ROI, and then expand deployments across additional sites, assets, and business units.

This expansion dynamic drove:

• 114% Net Retention Rate,
• 14% YoY growth in average deal size, and
• Continued improvement in customer lifetime value, supported by an 87% CSAT score.

IFS’s innovation velocity enables customers to realise value quickly:

• IFS Nexus Black™ delivers breakthrough AI capabilities within weeks by turning customer challenges into productised innovation.
• IFS Agent Studio allows enterprises to create and deploy Agentic Digital Workers, embedding automation and intelligence deep into mission-critical operations.

Strategic partnerships with leading innovators including Anthropic, Microsoft, Siemens, and Boston Dynamics further accelerate progress toward autonomous operations.

This differentiated approach is why leading companies are scaling their Industrial AI journeys with IFS. Major FY2025 customer wins and expansions include: ArcelorMittal, Cadillac Formula 1 Team®, Callaway, Collins Aerospace, Dixstone, Hitachi Energy, Homeserve, Japan Airlines, Tampa Electric (TECO), TotalEnergies, Westinghouse, and William Grant & Sons.

Strategic acquisitions expand Industrial AI leadership

During 2025, IFS significantly expanded its Industrial AI capabilities and market reach through targeted acquisitions:

• TheLoops – delivering the first Agentic AI workforce purpose-built for mission-critical industries, with early deployments demonstrating the potential to unlock up to 10× workforce capacity.
• 7Bridges – adding AI-driven supply chain and transportation optimisation, with early customers achieving 8% transport cost reductions and 90% automation of data management tasks.
• Softeon (expected to close in Q1 2026) – extending Industrial AI into warehouse management and robotics integration, enabling end-to-end supply chain orchestration.

Previously acquired businesses including Copperleaf, Poka, and Ultimo also contributed materially to FY2025 growth and differentiation.

Profitable growth, disciplined execution

IFS combined strong growth with improved profitability in FY2025. Operating margin expanded by 5 percentage points year-on-year, reflecting disciplined execution, increasing scale benefits, and a growing mix of high-quality recurring revenue.

Mark Moffat, Chief Executive Officer, IFS, said: “FY2025 was the year Industrial AI crossed the chasm. Enterprises have moved beyond pilots and are scaling AI across the operations that matter most. Customers are choosing IFS because our technology is purpose-built for industrial complexity and delivers outcomes at scale—as customers see ROI, they expand faster and commit more deeply. IFS growth is double that of peers when compared to market growth figures published by respected industry analysts*. We’re accelerating as we enter 2026, and the gap is widening.”

Matthias Heiden, Chief Financial Officer, IFS, added: “Our results demonstrate the quality of IFS growth. ARR increased 23%, NRR reached 114%, and operating margin expanded by 5 percentage points year-on-year. With 83% of revenue now recurring, we have strong visibility and a resilient financial foundation to continue investing in innovation while maintaining profitability.”

Market recognition and outlook

IFS’s leadership continues to be recognised by industry analysts, including multiple Gartner Peer Insights Customers’ Choice awards and leadership positions in Gartner Magic Quadrants and IDC MarketScapes across asset management, field service, and ERP.

Looking ahead, IFS will build on its FY2025 momentum by embedding Industrial AI more deeply into day-to-day operations – from warehouses and supply chains to field service and asset maintenance – helping customers unlock faster, more predictable outcomes at scale.

Micky North Rizza, Group Vice-President at IDC, said: “IFS’s FY2025 results underscore a broader inflection point in the industrial software market, where AI is moving decisively from experimentation to scaled, operational deployment. The combination of strong recurring revenue growth, expanding cloud adoption, and targeted acquisitions signals that industrial enterprises are prioritising purpose-built platforms that can deliver measurable outcomes across asset-intensive and service-centric operations. This positions IFS well as organisations seek resilient, industry-specific AI capabilities rather than generic enterprise solutions.”

*Gartner Market Share Analysis: ERP Software, Worldwide, 2024 (published June 2025)

 

26 Jan 26.  (NYSE: GHM) (“GHM” or “the Company”), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space markets, today announced the acquisition of FlackTek Manufacturing, LLC and FlackTek Sales, LLC (“FlackTek”), a pioneer in advanced mixing and material processing solutions.

The acquisition adds advanced materials processing as a third core platform for Graham, alongside Graham Manufacturing, specializing in vacuum & heat transfer, and Barber-Nichols, specializing in turbomachinery. FlackTek will operate as a wholly owned subsidiary of Graham Corporation, maintaining its headquarters in Louisville, Colorado with a satellite location in Greenville, South Carolina, and will be integrated into Graham’s financial, compliance, and operational infrastructure.

Under the terms of the transaction, Graham acquired 100% of the equity of FlackTek for a purchase price of $35 m, which was paid 85% in cash and 15% using 75,818 shares of Graham’s common stock, along with the potential to earn an additional $25 m in future performance-based cash earnouts over four years beginning with the Company’s fiscal year 2027, based upon achieving progressively increasing adjusted EBITDA performance targets each year. The base purchase price represents approximately 12x FlackTek’s projected adjusted EBITDA for 2026.

“FlackTek represents a highly strategic addition to Graham’s mission-critical product portfolio and directly aligns with our long-term vision to build differentiated, technology-led platforms,” said Matthew J. Malone, President and Chief Executive Officer of Graham Corporation. “The fundamental physics behind advanced mixing align closely with Graham’s core competencies in vacuum, heat transfer, and turbomachinery, enabling new opportunities to solve complex materials processing challenges for customers across defense, aerospace, and industrial markets. It’s unique that the FlackTek product portfolio impacts the full value chain from the mine to final assembly with applicability in upstream, midstream, and downstream applications.”

Matt Gross, Chief Executive Officer of FlackTek, said, “Joining Graham marks an exciting new chapter for FlackTek. Graham’s engineering heritage, manufacturing expertise, and strong presence in our core end markets provide an ideal platform to accelerate our growth while preserving the innovation and customer focus that define our culture. I look forward to continuing to lead the FlackTek team as part of Graham and continue to expand the impact of our technology together.”

Overview of FlackTek

Recognized as a leader in high-performance, bladeless centrifugal mixing, FlackTek designs and manufactures advanced mixing systems, accessories, consumables, and material processing solutions built on its proprietary product portfolio. Headquartered in Louisville, Colorado, FlackTek maintains a strong domestic manufacturing footprint complemented by an established international distribution network.

FlackTek’s technology delivers highly repeatable, precision mixing with significantly faster cycle times, minimal entrained air, reduced downtime between batches, consistency in production, and reduced heat transfer compared to traditional bladed methods. These performance advantages are critical in applications where material integrity and consistency are paramount. As a result, FlackTek’s systems are trusted by a global customer base that includes leading OEMs, research and development centers, defense laboratories, and industrial manufacturers serving adhesives, sealants, functional coatings, composites, electronics, and other advanced materials markets.

The company has successfully expanded its portfolio beyond laboratory-scale systems into larger, highly differentiated platforms, most notably the MEGA™ system, enabling customers to scale advanced materials processing from R&D through pilot and into production environments.

With approximately $30 m in annualized revenue, FlackTek has built a growing installed base that generates recurring demand for consumables, accessories, and services, enhancing revenue visibility and durability. FlackTek’s technical excellence, mixing effectiveness and efficiency, service responsiveness, innovation, and reliability, position it well for continued growth through both expanded end-market penetration and broader sales channel development.

FlackTek Strategic Rationale

The acquisition of FlackTek meaningfully expands Graham’s ability to solve complex customer challenges that increasingly demand integrated solutions spanning rotating machinery, vacuum environments, thermal management, and advanced materials processing. FlackTek’s technology sits naturally alongside Barber-Nichols’ turbomachinery and Graham Manufacturing’s vacuum and heat transfer systems, creating a more comprehensive engineered solutions platform.

FlackTek adds a proven and defensible product portfolio with a shared customer base and an installed footprint that extends across the full value chain, from upstream to downstream production and quality control. Its mixing systems are process-critical and market-agnostic, serving defense, energetics, oil & gas, food, battery, aerospace and space, medical, and other industrial applications where precision, repeatability, and consistency drive value.

By adding a differentiated engineered systems business with strong intellectual property and recurring revenue characteristics, the acquisition is expected to enhance margins, deepen customer relationships, and unlock cross-platform innovation opportunities across Graham’s defense, energy & process, and space end markets.

Other Transaction Details

The cash portion of the consideration was funded through a combination of cash on hand and borrowings under the Company’s existing credit facilities.

In connection with the acquisition, Graham amended its credit agreement to enhance financial flexibility and support continued investment in organic growth initiatives and opportunistic acquisitions. The amendment increased the Company’s revolving credit facility from $50 m to $80 m, providing additional capacity to execute its capital allocation strategy and future growth.

Following the closing of the transaction, Graham’s pro forma leverage ratio is approximately 1.2x, consistent with the Company’s disciplined capital allocation framework and targeted leverage profile. The overall transaction structure, including the upfront consideration and a performance-based earnout component, aligns with Graham’s long-term financial objectives while preserving balance sheet strength and liquidity.

FlackTek’s Chief Executive Officer, Matt Gross, will join Graham’s leadership team as Vice President and General Manager and will continue to lead the FlackTek business, ensuring continuity of operations and strategic execution.

The Company has published a supplemental presentation in connection with the announced acquisition. This presentation is available under the “Events & Presentations” section of the Company’s website at ir.grahamcorp.com. The Company will provide additional details on the acquisition and update its fiscal 2026 outlook on its Fiscal 2026 Third Quarter earnings call scheduled for 11:00 am ET on Friday, February 6, 2026.

About Graham Corporation

Graham is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries. Graham Corporation and its family of global brands are built upon world-renowned engineering expertise in vacuum and heat transfer, cryogenic pumps, and turbomachinery technologies, as well as its responsive and flexible service and the unsurpassed quality customers have come to expect from the Company’s products and systems. Graham Corporation routinely posts news and other important information on its website, grahamcorp.com, where additional information on Graham Corporation and its businesses can be found. (Source: BUSINESS WIRE)

 

26 Jan 26. Airbus reports strong helicopter orders in 2025. Airbus Helicopters logged 544 gross orders (net: 536) in 2025, highlighting a strong market growth with a solid performance this year across the entire civil and military range. The orders came from 205 customers in 50 countries. The Company also saw a strong market momentum for its Uncrewed Aerial Systems (UAS) in 2025. In terms of unit bookings, Airbus Helicopters secured a market share of 51% of the civil and parapublic market and its military market share rose to 28%. The Company delivered 392 helicopters in 2025.

“Airbus Helicopters’ outstanding performance in 2025, marked by an order intake increase close to 20% in units, demonstrates that our modern civil and military portfolios are delivering the precise mission capabilities required in today’s complex environment,” said Bruno Even, CEO of Airbus Helicopters. “Our focus on defence and security has never been sharper. Furthermore, we are leading the shift toward UAS by integrating Survey Copter into our core operations, establishing a comprehensive range of tactical drones. By combining drones with our advanced and unique HTeaming capabilities, we provide a seamless, networked ecosystem for the modern battlespace. I want to thank our customers for their unwavering trust as we continue to pioneer the future of aerospace,” he added.

The year was defined by major sovereign commitments, most notably from Spain, which placed a landmark order for 100 helicopters—including 50 H145Ms, 31 NH90s for all three branches of the armed forces, and the first orders for the H175M. Germany continued its modernisation by exercising an option for 20 additional H145Ms (bringing the total to 82), with the first helicopters already delivered. Meanwhile, the NH90 programme saw a renewed momentum: the Netherlands added three aircraft to their fleet, Greece signed a critical follow-on support contract, and Germany took delivery of its first NH90 Sea Tiger, the latest evolution for world-leading Anti-Submarine and Anti-Surface Warfare capabilities.

In the heavy segment, the Super Puma family proved its versatility as Greece ordered eight H215s for firefighting. The H225M reached new milestones with Morocco signing a contract for ten H225M helicopters, along with first deliveries to Iraq. The light twin segment was equally robust, with Spain placing an order for 13 H135 helicopters and the UK National Police Air Service ordering seven H135s. With 149 orders, the H145 has once again reaffirmed its position as the best seller on the civil and parapublic and military markets.

Airbus signaled a new chapter in vertical lift at VERTICON 2025 with the unveiling of the H140, a next-generation light twin-engine helicopter. Incorporating techno-bricks like the T-tail configuration, the H140 has already secured 61 firm orders. Innovation also reached new heights with Racer which surpassed its original performance targets to achieve a cruise  speed of 440 km/h (240 kts), reaffirming Airbus’ ability to deliver speed with a simpler aerodynamically optimised architecture.

The Company also established a comprehensive tactical drone range by integrating Survey Copter into its core offerings. Airbus signed its first UAS contracts with Drone Forge and the European Maritime Safety Agency opting for Flexrotor and the French Ministry of Armed Forces ordering six VSR700s. Through HTeaming, Airbus is pioneering the crewed-uncrewed teaming with a standalone solution that allows crews to manage uncrewed systems in real-time, multiplying mission capabilities. This technological leap is mirrored in the H160 programme, which saw its military version, the H160M “Guépard”, complete its maiden flight in July. The H160 confirmed its successful entry into service by securing approximately 50% of the civil and parapublic market share in the medium twin segment. The first H160 in a law enforcement configuration was delivered to the French Gendarmerie Nationale and the programme added firefighting to its mission profiles with a delivery to Hiroshima City Fire Services Bureau and an order from the Nagoya City Fire Bureau. The H160 also began offshore operations for the Energy sector in the U.S. with operator PHI Aviation. The H175 received 15 orders in 2025, solidifying its position in the super medium segment.

To support this unprecedented demand, Airbus Helicopters continued to expand its global industrial base. In 2025, work commenced on a new Final Assembly Line (FAL) in Vemagal, Karnataka, India. To be inaugurated in the coming weeks, this facility will become the world’s fourth H125 FAL, reinforcing Airbus’ commitment to the Indian market and global supply chain resilience.

Airbus’ 2025 full year financial results will be disclosed on 19 February 2026.

 

26 Jan 26. Leidos to acquire ENTRUST for $2.4bn to enhance its utility engineering services. Leidos Holdings (LDOS.N) said on Monday it would buy power design firm ENTRUST Solutions Group from private equity firm Kohlberg for about $2.4 bn, as it looks to expand engineering offerings for utility customers. Aggressive grid expansion, tied to support electrification and data center demand, has supported the growth of Leidos, which provides engineering services to commercial utilities with a focus on transmission and distribution. The Virginia-based company has also benefited from increased investment to strengthen and modernize aging grid infrastructure against extreme weather events. The move helps Leidos double the size of its $600 m energy infrastructure engineering business, and would broaden its clients to include gas utilities as well. Leidos expects the acquisition to immediately add to its revenue growth and adjusted core profit margin, while adding to the firm’s adjusted earnings per share in 2027. “ENTRUST’s engineering capabilities and customer base perfectly complement ours,” said Leidos Chief Executive Officer Tom Bell. Combined, the companies will have over 5,500 professionals working in the energy market, Adam Biggam, ENTRUST CEO, said.  The deal, which Leidos will fund using a combination of new debt, cash on hand and commercial paper, is expected to close by the end of the second quarter of 2026. Citi is serving as the financial advisor for the deal to Leidos, while Davis Polk & Wardwell LLP is serving as the legal advisor. (Source: Reuters)

 

21 Jan 26. CACI International Inc (NYSE: CACI) announced results today for its fiscal second quarter ended December 31, 2025.

“Our strong second quarter results demonstrate the continued successful execution of our strategy and the value of our differentiated capabilities. With healthy free cash flow driven by solid revenue growth and strong EBITDA margin, we’re delivering on our commitments to shareholders while addressing our customers’ most critical mission needs,” said John Mengucci, CACI President and Chief Executive Officer. “Through bold, strategic investments we have built leading positions in electronic warfare and Agile software development, while continuing to strengthen our technology portfolio in space with the planned acquisition of ARKA Group — all areas vital to national security. With our strong results, expanding backlog, and robust pipeline, we are raising our fiscal year 2026 guidance and remain extremely well-positioned to achieve our 3-year financial targets and drive long-term value for our customers and our shareholders.”

Second  Revenues in the second quarter of fiscal year 2026 increased 5.7% year-over-year, driven by 4.5% organic growth. The increase in income from operations was driven by higher revenues and gross profit. Growth in diluted earnings per share and adjusted diluted earnings per share were driven by higher income from operations and share repurchases made during fiscal year 2025, partially offset by higher interest expense and a higher tax provision. The increase in cash from operations, excluding MARPA, was driven primarily by higher net income and strong working capital management.

Second Quarter Contract Awards

Contract awards in the second quarter totaled $1.4 bn, with approximately 70% for new business to CACI. Awards exclude ceiling values of multi-award, indefinite delivery, indefinite quantity (IDIQ) contracts. Some notable awards during the quarter were:

• CACI was awarded $265 m in new contracts and additional work on current programs within the intelligence community to support various national security efforts.
• CACI received its first production order for remote modular terminals (RMTs) that will intercept and disrupt adversarial beyond-line-of-sight (BLOS) satellite communication for a Department of Defense customer. RMT’s capabilities will allow customers to enhance capacity, adaptability, and resiliency in military operations.

Total backlog as of December 31, 2025, was $32.8 bn compared with $31.8 bn a year ago, an increase of 3.1%. Funded backlog as of December 31, 2025, was $4.4bn compared with $4.1bn a year ago, an increase of 7.3%.

Additional Highlights

• CACI entered into a definitive agreement to acquire ARKA Group L.P. (ARKA) from funds managed by Blackstone Tactical Opportunities (Blackstone) in an all-cash transaction for $2.6 bn. Aligned with CACI’s commitment to delivering advanced technology for national security customers, ARKA supports national security missions through its space-based sensor portfolio and ground-based software processing, accelerating the delivery of actionable intelligence to the warfighter.
• CACI was named as an awardee for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) IDIQ contract with a ceiling of $151 bn. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility, including ensuring continuous, layered protection against air, missile, space, cyber, and hybrid threats originating from any domain.
• CACI announced the appointment of Adm. Michael Gilday, U.S. Navy (Ret.), and David Keffer to its Board of Directors, both joining following the death of Michael A. Daniels in July 2025 and the resignation of William L. Jews. Their extensive leadership experience and defense sector knowledge will strengthen CACI’s continued ability to drive shareholder value while delivering solutions to the nation’s most complex challenges.
• President and Chief Executive Officer, John Mengucci, was named Executive of the Year by the Northern Virginia Chamber (NVC) and the Professional Services Council (PSC) during the 2025 Greater Washington Government Contractor Awards. Mengucci was recognized in the over $300 m revenue category for his achievements in calendar year 2024.
• CACI received the National Veteran Small Business Coalition’s (NVSBC) Champions Award for exceeding the NVSBC-established goals for subcontracting to service-disabled and veteran-owned small businesses (SD/VOSB) during the U.S. government’s fiscal year 2024. This marks the 15th consecutive year that CACI has been recognized for this honor.
• CACI’s commitment to supporting veterans, National Guard and Reserve members, and military spouses remains a defining part of its culture. In 2025, that longstanding dedication was reinforced through 10 prestigious distinctions, reflecting continued efforts to create meaningful career pathways for the military-affiliated community. (Source: BUSINESS WIRE)

 

26 Jan 26. Zipline Surpasses 2M Deliveries, Raises More than $600m. Zipline, the American robotics company behind the world’s largest autonomous delivery system, announced that it has surpassed two m commercial deliveries, raised more than $600 m in funding, and will expand operations to Houston and Phoenix in early 2026, with additional U.S. metros launching later in the year. With this round, Zipline is now valued at $7.6 bn. The milestone comes as Zipline rapidly scales its U.S. operations, delivering food, retail, and healthcare products directly to customers’ homes in minutes. In Houston and Phoenix, eligible customers will soon be able to order tens of thousands of items through the Zipline app, with deliveries arriving in as little as 10 minutes. Zipline’s U.S. deliveries have grown approximately 15% week over week for the past seven months, positioning the company as one of the fastest-growing AI and robotics companies globally. As new markets come online, autonomous on-demand delivery is moving quickly from early adoption to everyday infrastructure.

“Autonomous logistics has been maturing for more than a decade, and the last year has made it unmistakably clear that when deliveries are faster, cleaner, safer, and cheaper, demand grows exponentially,” said Keller Cliffton, CEO and co-founder of Zipline. “In 2026, autonomous logistics will become an everyday staple for people across several states, starting with Houston and my hometown of Phoenix.”

Zipline’s system is built for speed and reliability at scale, with a median flight time of just three minutes. Since August, the company has launched new delivery sites weekly, with each new location ramping faster than the last. Zipline exceeded its Q3 daily delivery target by nearly 30% and reached its Q4 target six weeks early. The funding round includes participation from Fidelity Management & Research Company, Baillie Gifford, Valor Equity Partners, and Tiger Global, and will support expansion into at least four new states this year. To date, Zipline’s zero-emission aircraft have flown more than 125 m autonomous commercial miles, delivered over 20 m items, and completed more commercial deliveries than all other companies in the sector combined—without a serious injury. (Source: UAS VISION)

 

20 Jan 26. SpaceX IPO Speculation Peaks as Analysts Weigh 2026 Valuation and Strategic Consolidation. The commercial space sector is bracing for a potential paradigm shift as industry analysts convened on January 20, 2026, to debate the feasibility and implications of a SpaceX initial public offering (IPO) within the calendar year.While CEO Elon Musk has historically tied public markets to the stability of the Starship program, the maturation of Starlink’s cash flow and the rapid expansion of the Starshield defense vertical have fueled consensus that 2026 represents a strategic window for the world’s most valuable private aerospace entity to transition to the public domain. SpaceX has spent the last several years systematically dismantling the traditional barriers to entry in both the launch and satellite broadband markets. The company’s Starship vehicle, now entering a cycle of high-cadence orbital testing, is viewed by analysts not just as a heavy-lift rocket, but as the primary engine for orbital infrastructure density. This vertical integration allows SpaceX to deploy its own Starlink v3 satellites at a fraction of the cost faced by competitors such as Amazon’s Project Kuiper, which remains in the early deployment phases. The roundtable emphasized that a 2026 IPO would likely focus on this “closed-loop” economy, where the company’s launch dominance directly subsidizes its high-margin data services. The strategic rationale for an IPO at this juncture extends beyond simple capital infusion. Analysts noted that SpaceX is increasingly pivoting toward high-value segments like orbital data centers and integrated battle management through its Starshield division. These initiatives require the kind of long-term institutional capital and transparency that public markets provide, even as they introduce new competitive pressures on mid-tier players like Rocket Lab. The panel suggested that a public SpaceX would essentially set the “gold standard” for space valuation, potentially forcing a consolidation wave among smaller firms that cannot match the economies of scale provided by the Starship-Starlink nexus. Looking toward the remainder of 2026, the primary hurdles for a successful IPO remain regulatory scrutiny and the inherent volatility of the Starship development timeline. Investors will be closely watching the integration of Starlink’s consumer broadband success with its burgeoning government and enterprise contracts. If SpaceX can demonstrate that its orbital data center architecture is viable, the company’s valuation could transcend the aerospace sector entirely, positioning it as a fundamental global utility provider. The consensus from the roundtable indicates that while the technical risks remain significant, the financial appetite for a SpaceX public debut has never been higher, potentially redefining the economics of the entire space industrial base for the next decade. (Source: Satnews)

 

19 Jan 26. Leonardo Expands U.S. Footprint with Acquisition of Enterprise Electronics Corporation. Expanding its presence in the United States and bolstering its environmental monitoring portfolio, Leonardo announced on January 16 that it has signed a definitive agreement to acquire Enterprise Electronics Corporation (EEC). The move, executed through its subsidiary Leonardo US Corporation, integrates a leading manufacturer of weather radar instruments and satellite receiving stations into Leonardo’s broader meteorological business, which is currently managed by Leonardo Germany.

Strengthening Remote Sensing Capabilities

The acquisition of EEC follows Leonardo’s long-term strategy of prioritizing digital transformation and the development of turnkey environmental sensing solutions. Based in Enterprise, Alabama, EEC has established a global footprint over five decades, with more than 1,000 systems deployed in over 90 countries. The company specializes in S, C, and X-band radar systems, as well as satellite ground stations through its TeleSpace division, which supports geostationary and polar-orbiting constellations.

By merging these assets, Leonardo establishes a new technological benchmark for future meteorological services. The combined entity will possess a global installed base exceeding 1,500 systems in more than 120 countries, enhancing its ability to provide high-performance precision measuring devices for precipitation and wind analysis.

Executive Perspective on Global Growth

“EEC is a long-established company whose radar systems incorporate cutting-edge technologies, including full solid-state transceivers as well as ultra-compact and cost-effective designs,” said Kurt Kleess, Vice President of Sales at EEC, in a statement released Jan. 16. “Combined with Leonardo’s radar, lidar and integrated software portfolio, this acquisition will accelerate growth—particularly in the US market, where EEC already holds a leading position”.

Andrea Gaggelli, Managing Director of Leonardo Germany GmbH, added “The two companies’ portfolios are ‘highly complementary,’ and that such systems build the backbone of any kind of meteorological service and severe weather warning“.

Closing and Integration Timeline

Following the completion of the transaction, EEC is expected to continue operating under its existing name and brand identity. The acquisition will leverage the complementary sales networks of both organizations to deliver integrated solutions for civilian and military applications in high-potential markets. The transaction is subject to standard regulatory approvals and is currently expected to close in the first quarter of 2026. (Source: Satnews)

 

21 Jan 26. Orthogone Technologies Inc., and Convergence Design Services have formed a non-exclusive partnership to support defense and automotive programs that require dependable engineering, long service lifecycles and coordinated work across embedded systems, mechanical electronic assemblies and rugged electronics. The collaboration brings together teams that have worked on Defense and advanced mobility platforms and that understand how to maintain stable and predictable operation under demanding conditions. Defense and automotive platforms must operate reliably in harsh conditions, react in real time and remain maintainable over long lifecycles. These needs require tight coordination across embedded computing, communication links, mechanical assemblies that have been designed ruggedized for harsh environments (MIL-STD-810H, DO-160, DEF STAN 00-35 or NASA/CSA).

“Our teams have developed systems that must remain operational under unstable conditions, where robust solutions are essential,” said Luc Leblanc, CEO of Orthogone Technologies. “This partnership brings together deep expertise in embedded system design, FPGA development, electric vehicle system behavior, rugged electronics, and system-level integration. It enables us to support clients with platforms that demand reliable performance and predictable development paths.”

The two companies already share work processes and have experience coordinating engineering activities. This allows projects to move forward with clear communication, defined development stages and stable technical interfaces. Organizations in the defense and automotive sectors benefit from engineering teams that know how to align embedded hardware, mechanical design and embedded software from the start of a program. This reduces delays and supports consistent delivery.

“This partnership supports clients that need direct access to experienced engineering teams and steady coordination across technical areas,” said Ben Seaman, CEO of Convergence. “Our combined engineering teams approach defense electronics development through a structured, engineering-driven process, emphasizing robust system architecture, design assurance, and traceable verification. Our team integrates advanced simulation, signal/power integrity analysis, and environmental qualification to ensure every design meets stringent MIL-STD and DO-160 requirements. From concept through production release, we apply disciplined design lifecycle process and design validation/qualification to deliver electronics that perform reliably in mission-critical defense applications.”

The partnership is structured to provide continuous technical collaboration throughout development, validation and preparation for production, along with long-term support required by Avionic/Defense and Automotive programs.

STL Engineering proudly supports this partnership between Orthogone Technologies and Convergence Design Services, providing thermal/mechanical analysis capabilities and design of rugged packaging to survive extreme environments.

“At STL Engineering, we’re proud to contribute our thermal and mechanical expertise to this partnership,” said Chad St-Louis, President & CEO of STL Engineering. “By combining advanced packaging design with rigorous thermal analysis, we help ensure that mission-critical electronics can withstand the harshest operating environments. This collaboration strengthens the ability to deliver robust, reliable solutions for defense and automotive programs, where durability and performance are non-negotiable.”

About Orthogone Technologies Inc.

Orthogone is an engineering firm based in Canada. The company provides embedded system design, FPGA development, secure connectivity and real-time computing support for defense, industrial, medical and telecom applications. Orthogone works with organizations that require dependable long-term product support and technical depth in embedded computing and electronic system architecture.

Software Engineering Company

About Convergence Design Services

Convergence is a Canadian engineering company that provides design services for vehicle systems and rugged electronic hardware across the military, mining, aerospace, and automotive sectors. Our experienced engineering team specializes in electric vehicle system development (chassis, suspension, drivetrain), EMC/EMI design and compliance, power and signal analysis, and mechanical/mechatronic systems. Convergence offers on-site capabilities for EMI/EMC debugging in anechoic chambers, thermal and humidity testing, lab validation, and automotive build bays supporting MIL-STD and DO-160 standards.

https://www.cnvg.ca

About STL Engineering

STL Engineering is a Canadian engineering firm specializing in rugged electronics and advanced packaging solutions. The company supports product development from concept through production, offering a robust suite of services that include thermal and mechanical simulation & analysis, mechanical packaging design, module and system level environmental testing, root cause investigations and clear, comprehensive documentation to demonstrate adherence to stringent requirements

(Source: PR Newswire)

 

21 Jan 26. Teledyne Technologies Incorporated (NYSE:TDY)

• All-time record quarterly and full year net sales, non-GAAP diluted earnings per share and non-GAAP operating margin
• Fourth quarter net sales of $1,612.3m, an increase of 7.3% compared with last year
• Fourth quarter GAAP diluted earnings per share of $5.84
• Fourth quarter non-GAAP diluted earnings per share of $6.30, an increase of 14.1% compared with last year
• Fourth quarter cash from operations of $379.0m and free cash flow of $339.2m
• Issuing full year 2026 GAAP diluted earnings per share outlook of $19.76 to $20.22 and full year 2026 non-GAAP earnings per share outlook of $23.45 to $23.85
• Completed carve-out acquisition of TransponderTech
• Full year capital deployment of approximately $850.0m for acquisitions
• Fourth quarter stock repurchases of $400.0m, at a weighted average price of $507.52 per share
• Quarter-end consolidated leverage ratio of 1.4x
• Recently acquired DD-Scientific on January 14, 2026

Teledyne today reported fourth quarter 2025 net sales of $1,612.3 m compared with net sales of $1,502.3 m for the fourth quarter of 2024, an increase of 7.3%. The fourth quarter of 2025 net sales included $73.0m in incremental sales from recent acquisitions. Net income attributable to Teledyne was $275.6m ($5.84 diluted earnings per share) for the fourth quarter of 2025 compared with $198.5 m ($4.20 diluted earnings per share) for the fourth quarter of 2024, an increase of 38.8%. The fourth quarter of 2025 included $54.9 m of pretax acquired intangible asset amortization expense, $0.8m of pretax transaction and integration costs, $0.2 m of pretax inventory step-up expense, and $20.8 m of income tax benefits from FLIR acquisition-related tax matters. Excluding those items, non-GAAP net income attributable to Teledyne for the fourth quarter of 2025 was $297.5m ($6.30 diluted earnings per share). The fourth quarter of 2024 included $49.7 m of pretax acquired intangible asset amortization expense, $52.5m of pre-tax non-cash trademark impairments, $1.5 m of pretax transaction and integration costs, and $16.6 m of income tax benefits from FLIR acquisition-related tax matters. Excluding those items, non-GAAP net income attributable to Teledyne for the fourth quarter of 2024 was $260.9m ($5.52 diluted earnings per share). Operating margin was 20.4% for the fourth quarter of 2025 compared with 15.8% for the fourth quarter of 2024. Excluding the items discussed above, non-GAAP operating margin for the fourth quarter of 2025 was 23.9% compared with 22.7% for the fourth quarter of 2024.

“We concluded 2025 with the best quarterly orders, sales, and non-GAAP earnings and operating margin in the company’s history,” said Robert Mehrabian, Executive Chairman. “Throughout Teledyne, our defense businesses remained healthy, and our shorter cycle commercial businesses continued to recover with most product families increasing either sequentially or year-over-year. In Digital Imaging, Teledyne FLIR performed very well with particular strength in unmanned and other defense surveillance systems, while within Marine Instrumentation we achieved record sales of autonomous underwater vehicles. In the fourth quarter, we were awarded our first production-rate contract in the loitering munition market, and we were selected to supply space-based infrared detectors to the majority of prime contractors on the newly awarded U.S. Space Development Agency Tranche 3 Tracking Layer program. In terms of capital deployment, 2025 was our second largest year in history. However, having generated over $1.0 bn in free cash flow for two consecutive years, we maintained a strong balance sheet with ample financial flexibility.”

Full Year

Full year net sales for 2025 were $6,115.4m compared with $5,670.0m for 2024, an increase of 7.9%. Net income attributable to Teledyne was $894.8m ($18.88 diluted earnings per share) for fiscal year 2025, compared with $819.2m ($17.21 diluted earnings per share) for fiscal year 2024, an increase of 9.2%.

Full year 2025 net sales included $270.1 m in incremental net sales from acquisitions. The full year of 2025 included $216.6 m of pretax acquired intangible asset amortization expense, $10.2 m of pretax transaction and integration costs, $3.4 m of inventory step-up expense, and $28.3 m of income tax benefits from FLIR acquisition-related tax matters. Excluding these items, non-GAAP net income attributable to Teledyne for the full year of 2025 was $1,042.3 m ($21.99 diluted earnings per share). The full year of 2024 included $198.0 m of pretax acquired intangible asset amortization expense, $8.4 m of pretax transaction and integration costs, $52.5 m of pretax non-cash trademark impairments, and $77.8 m of income tax benefits from FLIR acquisition-related tax matters. Excluding these items, non-GAAP net income attributable to Teledyne for the full year of 2024 was $939.2 m ($19.73 diluted earnings per share). Operating margin was 18.8% for 2025 compared with 17.4% for 2024. Excluding the items discussed above, non-GAAP operating margins were 22.6% for 2025 and 22.0% for 2024.

Full year 2025 income tax expense included $28.3 m of income tax benefits from FLIR acquisition-related tax matters as well as $8.3 m of income tax benefits related to share-based accounting. Full year 2024 income tax expense included $77.8 m of income tax benefits from FLIR acquisition-related tax matters as well as $12.7 m of income tax benefits related to share-based accounting.

Review of Operations

Comparisons are with the fourth quarter of 2024, unless noted otherwise.

Digital Imaging

The Digital Imaging segment’s fourth quarter 2025 net sales were $850.5 m compared with $822.2m, an increase of 3.4%. Operating income was $162.9m for the fourth quarter of 2025 compared with $90.8 m, an increase of 79.4%. Acquired intangible asset amortization expense for the fourth quarter of 2025 was $46.8m compared with $46.1 m, and the fourth quarter of 2024 also included $1.5 m of pretax transaction and integration costs and a $49.5m pretax non-cash trademark impairment. Excluding those items, non-GAAP operating income for the fourth quarter of 2025 was $209.7 m compared with $187.9 m, an increase of 11.6%.

Fourth quarter of 2025 net sales increased primarily due to higher sales of infrared imaging components and subsystems, as well as surveillance and unmanned air systems for defense applications. These increases were partially offset by lower sales of detectors and cameras for health care and science applications. The fourth quarter of 2025 included $4.5m of incremental Digital Imaging sales from recent acquisitions. The increase in operating income primarily reflected higher net sales in the fourth quarter of 2025 and lower selling, general and administrative expense due to the reduction of a contingent liability in the fourth quarter of 2025 as well as a non-cash trademark impairment recorded in the fourth quarter of 2024, partially offset by higher severance costs in the fourth quarter of 2025.

Instrumentation

The Instrumentation segment’s fourth quarter 2025 net sales were $382.6 m compared with $368.9m, an increase of 3.7%. Operating income was $107.3m for the fourth quarter of 2025 compared with $100.8m, an increase of 6.4%. Acquired intangible asset amortization expense for the fourth quarter of 2025 was $3.1m compared with $3.4m, and in the fourth quarter of 2024, Teledyne also recorded a $3.0m pretax non-cash trademark impairment. Excluding these items, non-GAAP operating income for the fourth quarter of 2025 was $110.4 m compared with $107.2 m, an increase of 3.0%.

The fourth quarter of 2025 net sales increase resulted from a $6.9m increase in sales of environmental instrumentation primarily due to stronger sales of gas detection products, a $5.6 m increase in sales of marine instrumentation primarily due to stronger offshore energy and defense markets, and a $1.2 m increase in sales of electronic test and measurement instrumentation. The increase in operating income primarily reflected the impact of higher sales as well as the non-cash trademark impairment recorded in the fourth quarter of 2024 with no comparable amount recorded in the fourth quarter of 2025.

Aerospace and Defense Electronics

The Aerospace and Defense Electronics segment’s fourth quarter 2025 net sales were $275.9m compared with $196.5m, an increase of 40.4%. Operating income was $69.4m for the fourth quarter of 2025 compared with $56.4m, an increase of 23.0%. The fourth quarter of 2025 included $0.5m of pretax transaction and integration costs, with no comparable amounts in the fourth quarter of 2024. Acquired intangible asset amortization expense for the fourth quarter of 2025 was $5.0 m compared with $0.2m. Inventory step-up expense for the fourth quarter of 2025 was $0.2m, with no comparable amounts in the fourth quarter of 2024. Excluding the pretax transaction and integration costs, acquired intangible asset amortization expense and inventory step-up expense, non-GAAP operating income for the fourth quarter of 2025 was $75.1 m compared with $56.6 m, an increase of 32.7%.

Fourth quarter of 2025 net sales reflected higher sales of $72.3m for defense electronics and higher sales of $7.1m for aerospace electronics. The fourth quarter of 2025 included $68.5m of incremental defense electronics sales from recent acquisitions. The increase in operating income primarily reflected the impact of higher sales, partially offset by higher transaction and integration costs as well as higher acquired intangible asset amortization expense.

Engineered Systems

The Engineered Systems segment’s fourth quarter 2025 net sales were $103.3m compared with $114.7m, a decrease of 9.9%. Operating income was $11.5 m for the fourth quarter of 2025 compared with $9.8 m, an increase of 17.3%.

Fourth quarter of 2025 net sales reflected lower sales of $8.2m for engineered products and lower sales of $3.2m for energy systems. The increase in operating income was primarily driven by $2.9 m of unfavorable contract estimate changes in the fourth quarter of 2024, with no comparable amount in the fourth quarter of 2025.

Additional Financial Information

Cash Flow

Cash provided by operating activities was $379.0m for the fourth quarter of 2025 compared with $332.4m, with the increase driven primarily by favorable operating results in the fourth quarter of 2025 compared with 2024. Depreciation and amortization expense for the fourth quarter of 2025 was $84.6m compared with $77.2m. Stock-based compensation expense for the fourth quarter of 2025 was $8.9 m compared with $7.7m.

Capital expenditures for the fourth quarter of 2025 were $39.8m compared with $29.0 m. Teledyne received $1.6m from the exercise of stock options in the fourth quarter of 2025 compared with $21.4m.

As of December 28, 2025, net debt was $2,123.0 m, which is calculated as total debt of $2,475.4 m, net of cash and cash equivalents of $352.4m. As of December 29, 2024, net debt was $1,999.2m, representing total debt of $2,649.0 m, net of cash and cash equivalents of $649.8 m. In the fourth quarter of 2025, the company repurchased and retired $58.8m of principal of its fixed rate senior notes for $54.3m in cash. During the fourth quarter of 2025, the company repurchased approximately 0.8 m of its shares for $400.0 m.

As of December 28, 2025, $1,171.0 m was available under the $1.20bn credit facility after reductions of $29.0 m in outstanding letters of credit. (Source: BUSINESS WIRE)

 

22 Jan 26. NUBURU, Inc. (NYSE American: BURU), a global pioneer in high-performance blue laser technology, today announced that it has secured operating control of Orbit S.r.l. (“Orbit”), a revenue-generating Software-as-a-Service (“SaaS”) company focused on operational resilience, risk intelligence, and mission-critical decision support. The transaction strengthens NUBURU’s security offering capabilities and advances the Company’s multi-vertical growth strategy through the addition of a scalable, software-driven operating business. The control position was achieved through the closing of a previously announced $2.0 m capital increase in Orbit, subscribed by NUBURU’s wholly owned subsidiary, Nuburu Defense LLC (“Nuburu Defense”), pursuant to the Sale, Purchase and Investment Agreement previously announced on October 7, 2025. As a result of the completion of both the first and second tranches of the investment, NUBURU now holds approximately 22% of Orbit’s issued and outstanding equity, together with enhanced governance and reserved-matter rights that confer control. Following the closing, Orbit is fully consolidated within NUBURU’s financial statements under U.S. GAAP, formally adding a recurring-revenue SaaS platform to the Company’s operating structure. As previously disclosed, NUBURU intends to acquire the remaining equity interests of Orbit, subject to the receipt of NUBURU stockholder approval, in accordance with the framework described in the Company’s Current Report on Form 8-K filed on October 7, 2025.

Orbit Governance Update

Pursuant to the governance rights effective upon closing, the Board of Directors of Orbit has been reconstituted and is now composed of:

• Alessandro Zamboni, Chairman and Executive Director;
• Dario Barisoni, Director;
• Anthony D. Sinnott, Director.

This governance structure reflects NUBURU’s control position and ensures strategic and operational alignment between Orbit and the broader NUBURU group.

Orbit: Operating SaaS Business with Recurring Revenue Profile

Orbit operates a SaaS platform focused on operational resilience, risk intelligence, and mission-critical decision support. The business is characterized by recurring, subscription-based revenues, typically structured under multi-annual contracts and supported by professional services ancillary to the core platform.

Management views Orbit as a scalable, capital-light SaaS business that enhances revenue visibility and complements NUBURU’s broader technology portfolio with a software-driven operating model.

Strategic and Financial Impact

With the closing of this capital increase, NUBURU has formally added a revenue-generating SaaS operating company to its group, expanding its footprint beyond hardware-centric technologies.

Orbit’s platform strengthens NUBURU’s positioning in operational resilience and security-driven software, addressing growing needs across civilian critical infrastructure, regulated enterprise environments, and defense-adjacent applications. The Company believes Orbit’s analytics-driven capabilities are highly synergistic with NUBURU’s dual-use mission, enabling integrated solutions that combine software intelligence with advanced defense technologies.

Integration Within NUBURU’s Defense & Dual-Use Strategy

The consolidation of Orbit reinforces NUBURU’s evolving Defense & Security Hub, complementing the Company’s initiatives in photonics, laser-based technologies, special vehicles, electronic warfare systems, and drone technology platforms. Orbit’s software layer is expected to support tighter integration between physical defense assets and digital operational intelligence, enhancing situational awareness, operational continuity, and mission readiness for institutional and allied customers.

This milestone builds on the strategic progress outlined in NUBURU’s recent year-end update and follows the Company’s previously announced strategy to expand into mission-critical, defense-adjacent software platforms.

Management Commentary

Alessandro Zamboni, Executive Chairman and Co-CEO of NUBURU, commented:

“With the closing of this capital increase, NUBURU has now taken control of Orbit and brought a recurring-revenue SaaS business into the Group. Orbit adds a software layer that is highly complementary to our defense and dual-use technologies, strengthening our ability to deliver integrated, mission-critical solutions while enhancing the quality and visibility of our revenue base.”

Dario Barisoni, Co-CEO of NUBURU and CEO of Nuburu Defense, added:

“Orbit’s integration represents a concrete operational milestone for NUBURU’s defense strategy. The combination of software-based operational resilience with our targeted defense-focused technologies, including laser systems, drones, special vehicles, and advanced electronic-warfare platforms, enhances our capability to support governmental, institutional, and allied customers with data-driven, end-to-end solutions.” (Source: BUSINESS WIRE)

 

22 Jan 26. Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that it has acquired Halvik Corp (Halvik), a high-end provider of advisory consulting services focused on advanced data analytics, systems modernization, and cybersecurity for U.S. defense and civilian agencies.

“The addition of Halvik expands our high-end analytics and digital solutions across U.S. federal agencies,” said Roger Argus, Tetra Tech President and CEO-designate. “Halvik broadens our relationships with the U.S. Army, Navy, Air Force, and Department of Transportation. Together, we will strengthen resiliency and operational effectiveness using advanced data analytics, artificial intelligence, machine learning, and cybersecurity solutions.”

Dr. Madhavi Bathula, Chief Executive Officer of Halvik, said, “We are delighted for our 600 employees to join Tetra Tech and to leverage its global platform and commitment to Leading with Science®. Together, we will combine Halvik’s mission-oriented approach utilizing innovative technologies and program advisory expertise with Tetra Tech’s experience delivering value to 25,000 customers worldwide. This combination will enhance scale and resiliency and deliver impactful outcomes for our customers’ mission-critical systems, processes, and data.”

The terms of the acquisition were not disclosed. Halvik is joining Tetra Tech’s Government Services Group.

About Tetra Tech

Tetra Tech is the leader in water, environment and sustainable infrastructure, providing high-end consulting and engineering services for projects worldwide. With more than 25,000 employees working together, Tetra Tech provides clear solutions to complex problems by Leading with Science® to address the entire water cycle, protect and restore the environment, and design sustainable and resilient infrastructure. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn and Facebook.

About Halvik

Halvik Corp, headquartered in Tysons, Virginia, is a leading technology and digital transformation services company supporting the United States federal government. With more than 600 professionals, Halvik modernizes, secures, and sustains mission critical systems, processes, and data for its customers. The company is recognized for its agile, adaptive information technology services and its focus on delivering digital solutions that advance federal missions. Halvik has earned industry awards and participates in key government contract vehicles that expand its reach across federal agencies.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission. (Source: BUSINESS WIRE)

 

22 Jan 26. Elbit Systems UK has finalized the full acquisition of UAV Tactical Systems Ltd. (UTACS), which follows the receipt of all required regulatory and government approvals. Over nearly two decades, UTACS has supplied dozens of advanced tactical uncrewed aerial systems (UAS) to the British Army as well as to international customers, including the United Nations and NATO member countries. Full ownership will allow Elbit Systems UK to further develop UTACS as a leading and innovative British and regional hub for the design, development and support of advanced UAS, leveraging Elbit Systems’ global expertise and technological leadership in the uncrewed domain – a growing segment worldwide. The company will focus on serving the needs of European and NATO customers, continuing to deliver its existing programmes while retaining its highly skilled British workforce and engineering excellence, strengthening the UK’s defence industrial base and supporting customers across the UK, NATO and Europe.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “Elbit Systems continues to expand its presence in the UK to meet the growing demand for our products and technologies. As a global leader in UAS, with customers across Europe, NATO, and beyond, this acquisition further strengthens our engineering and manufacturing capabilities across the continent, reinforcing our long‑term commitment to the UK and the wider European defence industry.”

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Ultra-high precision, modularity and speed to defeat dynamic targets

OpenWorks is a provider of modular autonomous vision systems that deliver ultra-high performance real-time detection, identification and tracking of highly dynamic aerial threats at long range.

Our specialist capability lies in our dynamic positioners, EO/IR optical units, approach to sensor fusion and common interface that enables the integration of third-party detectors, classifiers, interceptors and effectors. Artificial intelligence modules work seamlessly with primary detectors and C2 to provide comprehensive detection, identification, tracking and slewing-to-cue against complex backgrounds and foregrounds.

OpenWorks is internationally and operationally proven across C-UAS and Air Defence.

Vision Pace

Designed to enhance dynamic multi-threat engagement, Vision Pace offers microradian precision targeting to kinetic defeat chains, marking a step-change for layered air defence. The development is intended to provide capability to expeditionary force protection, GBAD, SHORAD, M-SHORAD across land and naval domains.

Vision Flex

Vision Flex provides the highest performance surveillance, tracking and classification capability available, for use on static, mobile and un-crewed systems. Vision Flex cameras are highly configurable and can be used with built-in twin-AI modules of third Party classifiers and trackers.

Vision Flex is easy to integrate through standard interfaces and has a range of plug-and-play optical modules and upgrades to allow it to be configured easily to suit each mission or site.

Vision Guard

Vision Guard is a highly configurable, autonomous, portable and deployable platform that provides automated alerts with AI detection and classification.

It can be configured with combinations of active and/or passive sensors to suit the mission. Detections and alerts are streamed out to a handheld tablet or other systems via the standard interface, SAPIENT, Asterisk etc.

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