Author: Naomi Cooper|| Date Published: July 28, 2022
A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military.
Thales Defense & Security Inc. now has full ownership of AAC, which generated $80 million in 2021 sales and employs more than 200 personnel specializing in development and delivery surface ship combat systems and undersea warfare platforms to the U.S. Navy, Thales said Wednesday.
Mike Sheehan, CEO of TDSI, said ACC’s expertise in surface ship anti-submarine warfare and mine countermeasures will strengthen the subsidiary’s capability to support the Department of Defense’s mission needs.
Redhawk Federal Solutions has acquired Twenty8 Technology to expand its data interoperability and artificial intelligence and machine learning engineering capabilities.…
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…