Having secured private equity backing in 2018 from New Mountain Capital, a New York-based firm with $20 billion in assets, MAG Aerospace acquired four companies over the two-year span of 2017 and 2018.
[3][4] In 2018, it acquired the southern Maryland defense contractor Ausley Associates, as well as Avenge Inc. and North American Surveillance Systems Inc.[5] MAG employs about 1,300 personnel and records over $400 million in annual sales.
[6] That same year, former Army Chief of Staff General Peter Schoomaker joined MAG Aerospace's board of directors.
[9] As of May 2019, MAG Aerospace continues to help the U.S. military fight the Taliban in Afghanistan as part of Task Force ODIN under the Army’s Medium Altitude Reconnaissance and Surveillance System (MARSS) program.
[10] In 2021, the United Nations peacekeeping mission in Mali contracted US-based MAG Aerospace to provide fixed wing intelligence, surveillance and reconnaissance aircraft.