Aerospace Group:

Business/Financial

AEA Investors Acquires Defense Electronics Company From J.F. Lehman

By Cal Biesecker

Tuesday, May 28th, 2019

SHARE:

AEA Investors Acquires Defense Electronics Company From J.F. Lehman

API Technologies' products include integrated assemblies and subsystems. Photo: API

The private equity firm AEA Investors earlier this month acquired the defense electronics company API Technologies Corp. from the investment firm J.F. Lehman & Company, which acquired the company in 2016. Terms of the deal were not disclosed. API, which is based in Massachusetts, has about 1,700 employees, 1,800 customers worldwide in defense, aerospace, space and commercial end markets. The company supports more than 200 programs. API designs and manufactures components and subsystems for radio frequency, microwave and electromagnetic spectrum…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]