Precision Aerospace & Defense to Become Public Company Following Acquisition

Posted December 11, 2025

Overland Park-based Precision Aerospace & Defense Group, Inc., announced it will enter into a merger with FACT II Acquisition Corp, with the combined company emerging as a publicly traded business.

Upon closing of the proposed business combination, the combined company will operate under the name Precision Aerospace & Defense Group, Inc. (NASDAQ: PAD), according to a release. Under the business combination agreement, PAD’s implied enterprise value is up to $320 million.

FACT is an aerospace & defense engineering and manufacturing firm, headquartered in New York, New York.

The combined company will continue to be led by PAD’s existing management team, with Brent Borden remaining as CEO.

“We expect that the anticipated proceeds from and in connection with this transaction will allow us to accelerate product development, invest in cutting-edge equipment, and pursue strategic acquisitions already identified in our pipeline,” Borden said in the release. “Most importantly, it ensures we can continue to deliver exceptional value and performance to our customers and stakeholders. I am incredibly proud of what our employees have achieved to date, and I’m confident that as a public company, PAD will be even better positioned to drive innovation and growth in our sector.”

Founded in 2016 and headquartered in Overland Park, Kansas, PAD is an engineering and manufacturing company providing high-precision components, testing solutions, and sustainment services for the aerospace, defense, and space industries.