Precision Aerospace enters LOI to buy communications, security and surveillance integrator ahead of Fact II deal
FACT II Acquisition Corp. Class A
FACT II Acquisition Corp. Class A FACT | 0.00 |
- Precision Aerospace & Defense Group signed a non-binding LOI to buy a telecom equipment, surveillance systems, security integration, and structural steel fabrication provider.
- The deal would add an estimated $12 million of projected revenue, $3.8 million of projected EBITDA for calendar 2026.
- The proposed acquisition follows PAD’s previously disclosed plan to combine with Fact II Acquisition Corp. to pursue a public listing.
- PAD described the transaction as the first of two planned strategic acquisitions in 2026 to expand its defense and government capabilities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fact II Acquisition Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606050620PRIMZONEFULLFEED9732427) on June 05, 2026, and is solely responsible for the information contained therein.
