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Precision Aerospace & Defense Group Announces Letter of Intent with Leader in Communications, Security and Surveillance Integration Solutions

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  • Precision Aerospace & Defense Group, Inc. ("PAD") announced a non-binding Letter of Intent to acquire a leading provider of telecommunications equipment, surveillance systems, & structural steel fabrication for defense applications ("Target").
  • The announcement follows PAD's previously disclosed proposed business combination with FACT II Acquisition Corp. ("FACT"), a special purpose acquisition company.
  • If consummated, the acquisition is projected to add $12.0 million in revenue & $3.8 million in EBITDA for the year ended December 31, 2026.
  • CEO Brent Borden stated this is the first of two planned strategic acquisitions for 2026 intended to expand service offerings & addressable markets.
  • PAD will host a business update call on Wednesday, June 10, 2026, at 4:15 p.m. ET to discuss the business & full-year 2026 outlook.
  • PAD serves the aerospace, defense, & space sectors with capabilities in engineering, precision manufacturing, & testing across multiple AS9100-certified & ITAR-registered facilities.
  • FACT & PAD have filed a registration statement on Form S-4 with the SEC in connection with the proposed business combination.
  • Investors are urged to review the Registration Statement, proxy statement, & prospectus filed with the SEC for important information regarding the transaction.
  • The press release includes forward-looking statements regarding the acquisition's impact, projected financial performance, & potential for additional 2026 acquisitions.
  • PAD contacts for investor inquiries are available via email at ir@padgrp.com.