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Amphibian Aerospace Industries (AAI)

Apogee Aerospace Pvt Ltd acquired by Amphibian Aerospace Industries (AAI)

Acquisition$420,000,000Manufacturing

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Apogee Aerospace Pvt Ltd logo
Acquired

Apogee Aerospace Pvt Ltd

Manufacturing

Deal value

$420,000,000

February 8, 2026

Amphibian Aerospace Industries (AAI) logo
Acquirer

Amphibian Aerospace Industries (AAI)

Amphibian Aerospace Industries (AAI) has acquired Apogee Aerospace Pvt Ltd for $420.0M. Apogee Aerospace, an Indian Special Purpose Vehicle (SPV) of defence technology firm Apogee C4i LLP, has served as AAI’s exclusive authorized representative partner, MRO, and System Integrator for the Albatross 2.0 amphibian aircraft in the Indian subcontinent. This acquisition marks a significant strategic move for AAI to directly integrate its key partner in a critical and rapidly expanding defence market.

Apogee Aerospace’s mandate has included exclusive rights for marketing, distribution, and support of the Albatross 2.0 in India and neighboring regions. The company has also focused on mission-specific system integration, aircraft-level customization, and developing a dedicated regional Maintenance, Repair, and Overhaul (MRO) facility. Furthermore, Apogee Aerospace has been instrumental in enabling indigenous capability building through technology transfer and supporting the Make in India and Aatmanirbhar Bharat frameworks for the Albatross 2.0, which offers high-endurance maritime ISR, rapid amphibious insertion/extraction, and special operations support.

The acquisition is expected to streamline operations and enhance AAI's direct control over market penetration, MRO services, and indigenous capability initiatives within India. By bringing Apogee Aerospace in-house, AAI aims to solidify its presence and commitment to the Indian defence sector, leveraging Apogee C4i LLP's founders' decades of experience in Network Centric Warfare (NCW) systems and multi-domain integration. This integration is designed to accelerate the introduction and support of amphibian aviation powered by Albatross 2.0 to the Indian Military.

The combined entity is poised to accelerate the deployment and full lifecycle support of the Albatross 2.0 platform, strengthening India's defence self-reliance goals. This strategic alignment is anticipated to expand operational capabilities across India’s vast maritime geography and inland waterways, ensuring enhanced efficiency and a unified approach to future military aviation requirements.

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