Beretta Holding commenced a cash tender offer to purchase up to 2,400,184 shares of Sturm, Ruger & Company at $44.80 per share, a roughly 21% premium.
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Nasdaq-listed Forafric Global signed a letter of intent to acquire 100% of AL NASR Industries & Systems, a recently established Moroccan industrial platform focused on defense projects. AL NASR holds minority stakes in two companies developing defense manufacturing plants in Morocco. Financial terms were not disclosed.
Energetics maker Critical Materials Group acquired national-security lab RMSL; terms were not disclosed.
Beam Global signed a deal to acquire ScoutDI, an industrial inspection drone company, for about $24 million in cash and stock.
Analogic, Altaris and Leidos closed the transaction combining Analogic with Leidos' Security Enterprise Solutions, Ports & Borders and Industrial Automation businesses, operating privately under the Analogic brand.