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

Overland Park, KS, June 05, 2026 (GLOBE NEWSWIRE) — Precision Aerospace & Defense Group, Inc. (“PAD” or the “Company”), a high-growth aerospace and defense engineering and manufacturing company, today announced its entry into a non-binding Letter of Intent to acquire a leading provider of telecommunications equipment, surveillance systems, and structural steel fabrication defense applications (“Target”). The announcement follows the Company’s previously disclosed proposed business combination with FACT II Acquisition Corp. (“FACT”) (NASDAQ: FACT), a special purpose acquisition company.