Precision Aerospace & Defense Group Announces Letter of Intent with Leader in Communications, Security and Surveillance Integration Solutions
Precision Aerospace & Defense Group (PAD) announced a non-binding Letter of Intent to acquire an unnamed target specializing in telecommunications, surveillance, and structural steel fabrication. The acquisition is part of PAD’s buy-and-build strategy ahead of its proposed business combination with SPAC FACT II Acquisition Corp. (FACT). PAD projects the target will contribute $12.0 million in revenue and $3.8 million in EBITDA for the calendar year 2026.
Key figures
- Revenue
- 12000000
- Target ebitda
- 3800000
- Target revenue yoy
- projected for calendar year ended December 31, 2026
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