General Dynamics Electric Boat has purchased Applied Physical Sciences Corp. in cash for an undisclosed sum to leverage the Groton, Conn.-based company’s rapid prototyping and engineering knowledge, according to a General Dynamics statement.
“This acquisition… gives the talented professionals at Applied Physical Sciences additional insight into the needs of the U.S. submarine fleet,” said Kevin J. Poitras, president of General Dynamics Electric Boat, which designs, constructs and provides life cycle support for U.S. Navy nuclear submarines.
“The greatest beneficiary of this acquisition will be the U.S. Navy, which will get more capable submarines to use,” he added.
Charles N. Corrado, president of Applied Physical Sciences, added, “Our new relationship with General Dynamics and Electric Boat will greatly enhance our ability to transition systems to the submarine fleet.
“We are excited about the new opportunities this will provide to have a real impact on U.S. Navy capabilities, and to grow the company.”
Applied Physical Sciences, with 95 employees and offices in Groton, Lexington in Massachusetts, Arlington and Suffolk in Virginia, and San Diego in California, does applied research, development, engineering and prototyping services in acoustics, signal processing, marine hydrodynamics and electromagnetics.