Coherent Corp. announced on January 13 2026 that it will spin off its Aerospace & Defense business into a new, independent company named Attalon Inc. The transition will place the unit under the leadership of John Bergeron, a 35‑year veteran of the aerospace and defense sector, who will serve as President and Chief Executive Officer.
Attalon will focus on precision optics and directed‑energy technologies, positioning it to serve defense customers with high‑performance systems for next‑generation warfare. The spin‑off is intended to remove a low‑margin segment from Coherent’s portfolio, allowing the parent company to concentrate capital on its high‑growth photonics businesses while giving the defense unit a dedicated platform to pursue its own growth opportunities.
Coherent has not yet disclosed the effective date of the spin‑off or the financial terms of the transaction, and no valuation or debt allocation details are available. Likewise, the company has not released prior period financial data for the Aerospace & Defense unit, so the impact on Coherent’s balance sheet and earnings profile remains to be quantified.
The move reflects a broader strategy to sharpen Coherent’s focus on its core photonics markets, which are expected to deliver higher margins and growth, while enabling Attalon to pursue defense contracts that require specialized expertise and long‑term relationships. Analysts view the spin‑off as a way to unlock value for both entities, though the lack of disclosed financial metrics means investors will need to monitor subsequent filings for a clearer picture of the transaction’s economic impact.
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