Podcast: Building the Defense Backbone: Precision Aerospace & Defense and FACT II (FACT)
This week, we speak with Brent Borden, CEO of Precision Aerospace & Defense Group and Adam Gishen, CEO of FACT II Acquisition Corp. (NASDAQ:FACT). The two announced a $310 million business combination last December.
The work of maintaining and supplying the US armed forces is now front and center in the daily news, but Precision Aerospace & Defense has been long been carrying out a strategy to acquire critical manufacturers and suppliers in this area. Now, it is taking that platform to the public markets in a SPAC deal.
Brent explains how his company has selected with unique capabilities to build an EBITDA-positive network of subsidiaries that differs from traditional private equity roll-up plays.
Adam explains how the company’s backlog provides significant visibility into its future revenue and how the FACT II team will continue to advising the company through its next wave of growth and beyond.
Give it a listen.

