Precise Systems said Tuesday the acquisition of the Royersford, Pennsylvania-headquartered MFS is meant to reinforce its dedication to empowering the warfighter with mission-critical capabilities. The move expands Precise Systems’ portfolio in advanced engineering, digital transformation, interactive training and simulation, and platform lifecycle support by integrating MFS’s expertise in agile systems engineering, research, experimentation, and prototyping services. The acquisition also boosts Precise Systems’ capabilities in program management and training support across space, C4ISR, enterprise information systems and system-of-systems. Under the agreement, MFS personnel will transition into the Precise Systems workforce.
Precise Systems’ Scott Pfister on MFS Acquisition
“This acquisition reflects our strategic vision to broaden our capabilities and deepen our impact across the defense community,” said Scott Pfister, president and CEO of Precise Systems. “Mission Focused Systems shares our dedication to innovation, customer service and supporting the mission of our nation’s warfighters. Together, we will provide even greater value and expertise to our customers,” Pfister continued.
Remarks From MFS CEO Jim Rodman
“Joining Precise Systems allows us to continue our mission with increased scale and reach. We are proud of the team we have built and the solutions we deliver, and we are excited to take this next step as part of Precise Systems,” said Jim Rodman of MFS.
The Defense Information Systems Agency’s Defense Information Technology Contracting Organization has awarded Modern Technology Solutions Inc. a potential $416 million contract,…
L3Harris Technologies has secured a potential $200 million follow-on contract from Lockheed Martin to supply insensitive munition propulsion units for…