Arlington Capital to Sell Stellant Systems to TransDigm for $960M

Washington, Jan 02 — Arlington Capital Partners, a Washington, D.C.-area private investment firm specializing in government regulated industries, today announced it has agreed to sell Stellant Systems, Inc (“Stellant” or “the Company”), a premier designer and manufacturer of radio frequency (“RF”) and microwave amplification products, to TransDigm Group Incorporated (“TransDigm Group”) (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, for $960 million.

Headquartered in Torrance, CA, Stellant designs and manufactures vacuum electron devices, solid state power amplifiers and related RF components for the defense, space, medical and industrial markets. The Company supports critical space, radar, missile and secure communications platforms for the Department of War and allied militaries globally. Stellant operates across four U.S. facilities, totaling more than 700,000 square feet of advanced manufacturing space, and employs approximately 950 people.

Peter Manos, a Managing Partner at Arlington Capital Partners, said: “Stellant is another example of an IP-rich strategic carve out creating an Arlington platform company where organic and inorganic investment in people, research and development, product expansion and manufacturing capability and capacity has created a highly sought-after asset. It has been a remarkable journey working alongside Keith and the broader Stellant management team as we scaled an important manufacturer with what we hope will be a multi-generation legacy. TransDigm Group is the perfect long-term home for Stellant, and its interest in partnering with the Company is a testament to Stellant’s strength and its role as a valued partner to its customers.”

“I am incredibly proud of what Stellant has been able to accomplish for its customers and the broader defense ecosystem,” said Keith Barclay, CEO of Stellant Systems. “With significant improvements in operational efficiency and an exciting pipeline of new products, Stellant has never been stronger than it is today. On behalf of the entire Stellant team, I am sincerely grateful for Arlington’s partnership, and we are confident that TransDigm Group is the right partner for our next phase of growth.”

Ben Ramundo, a Managing Director at Arlington Capital Partners, added: “Throughout the course of Arlington’s stewardship, Stellant significantly improved on-time delivery and created an employee-centric culture with an added focus on high-quality customer outcomes. Our investment in Stellant is consistent with Arlington’s long-term, growth-oriented philosophy and deepens our expertise in defense electronics and related technologies, where we see a significant opportunity to build industry-leading platforms that deliver innovation and solve supply chain bottlenecks for the national security community.”

Harris Williams served as exclusive financial advisor and Kirkland & Ellis served as legal counsel to Arlington and Stellant during the transaction.

The transaction is expected to close in 2026, subject to customary regulatory approvals and closing conditions.