McLean advised Vanteon on announced acquisition by PDW

HUNTSVILLE, Ala., June 4, 2026 — PDW Holdings, Inc. ("PDW"), an American drone company that designs, engineers, and manufactures unmanned systems and solutions for defense and public safety, has entered into a definitive agreement to acquire Vanteon Corporation, an engineering firm with decades of experience developing advanced communications, Radio Frequency (RF) systems, and software-defined radio technologies.

The planned acquisition strengthens PDW's ability to design, develop, and deliver next-generation sUAS capabilities and expands mission-critical connectivity at the tactical edge. The Vanteon acquisition further optimizes PDW's vertically integrated platform and advances its mission to deliver decisive airpower into the hands of every operator.

Based in Rochester, NY, Vanteon brings more than 40 years of experience delivering advanced communications and embedded systems, along with a team of approximately 40 engineers with deep expertise in RF design and mission-critical software and hardware.

"Modern military operations depend on resilient communications, rapid innovation, and the ability to field new capabilities quickly. Vanteon strengthens our ability to deliver resilient communications and integrated capabilities to warfighters. Just as importantly, they are a trusted partner of PDW bringing an exceptional team of engineers whose experience spans hardware, software, integration, and advanced payload development. By bringing those capabilities into PDW, we can accelerate innovation across our entire product portfolio while continuing to deliver the reliable, operator-focused systems our customers depend on."

PDW and Vanteon bring together complementary strengths: PDW's vertically integrated unmanned systems platform and Vanteon's deep RF, communications, and embedded systems engineering. The combination is designed to accelerate innovation across PDW's product portfolio while preserving the operator-focused reliability its customers depend on.

"PDW and Vanteon share a commitment to solving hard technical problems for operators in demanding environments. Their operator-first focus aligns directly with how we've built our systems, and we're excited to bring our expertise in RF engineering and design, and software-defined radios, into a broader operational platform."

The transaction is expected to close promptly following satisfaction of customary closing conditions. The McLean Group acted as the exclusive financial advisor to Vanteon on this transaction. Harris Beach Murtha served as legal counsel to Vanteon, and Wilson Sonsini Goodrich & Rosati served as legal counsel to PDW.

PDW Holdings, Inc. is an American drone company that designs, engineers, and manufactures unmanned systems and solutions for defense and public safety. Through a vertically integrated platform, PDW delivers next-generation small unmanned aircraft systems (sUAS) and mission-critical capabilities built to put decisive airpower into the hands of every operator. The company is headquartered in Huntsville, Alabama. Visit pdw.ai.

Founded more than 40 years ago and based in Rochester, New York, Vanteon Corporation is an engineering firm specializing in advanced communications, Radio Frequency (RF) systems, and software-defined radio technologies. Its team of approximately 40 engineers brings deep expertise in RF design, embedded systems, and mission-critical software and hardware development.

The McLean Group is a middle-market investment bank providing objective strategic and financial advice on mergers and acquisitions, business & asset valuation, and growth capital. For over 30 years, The McLean Group has served clients in the Defense, Government & Intelligence, Security, Critical Infrastructure, Maritime, Technology & Software, Facility Services, Unmanned Systems, and Public Safety markets. The firm's 50+ professionals bring deep industry experience and relentless execution to every engagement.

The McLean Group 8260 Greensboro Drive, Suite 350 · McLean, VA 22102