The Thermal Group acquires Applied Composite Technology Aerospace to enhance its advanced composite manufacturing capabilities in the aerospace and defense sectors.
Information on the Target
The Thermal Group (TTG), a prominent designer and manufacturer of mission-critical components in the defense, aerospace, and industrial sectors, has recently announced the acquisition of Applied Composite Technology Aerospace, LLC (ACT), a leading manufacturer of advanced composite structures for the aerospace and defense industries. Financial details of the transaction remain undisclosed.
ACT is headquartered in Gunnison, Utah, and is recognized for its combination of technological innovation and exceptional manufacturing expertise. The company offers a comprehensive array of composite solutions covering both structural and non-structural needs. With capabilities that include laminate construction, composite compression molding, resin transfer molding, and filament winding, ACT serves high-reliability applications within the defense and aerospace sectors, including the business jet market. In addition, ACT provides important complementary services, such as design, testing, inspection, and engineering support.
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Industry Overview in the Target’s Specific Country
The aerospace and defense industry in the United States is a critical sector that significantly contributes to the national economy, with large-scale investments in technology and innovation. This industry is characterized by rigorous standards and stringent safety
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The Thermal Group
invested in
Applied Composite Technology Aerospace, LLC
in 2025
in a Other Private Equity deal