Tinicum and Blackstone have signed a term sheet to take private Senior, an engineering group that counts defence contractors among its customers. The agreement, disclosed by Europe Wire’s London desk, adds entry into a market where investors are chasing suppliers of military technology. Both firms see the sector’s spend as a buffer against economic volatility, and regulatory clearance should be swift given their prior experience.

That same week, Agilitas announced the sale of Integris Composites to Triton, another private‑equity house expanding its footprint in advanced materials for armoured platforms. The twin announcements underscore a broader trend: European defence suppliers are becoming hot targets as governments boost budgets and supply‑chain resilience becomes a strategic priority. The deal was valued at undisclosed amount.

With capital flowing into firms that sit at the intersection of engineering and defence, private equity is betting on a cycle of sustained procurement and technology upgrades. For investors, the Senior deal offers exposure to a stable cash‑flow base, while the Integris transaction adds a high‑margin composites play. Both transactions lock in ownership before the next wave of European defence spending materialises.