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Pacific Defense completes deal with Spear
Posted on Friday, 06 November 2020 12:44
Pacific Defense has acquired US-based technology company Spear Research, a provider of electronic warfare, signals intelligence (SIGINT) and autonomous network sensor systems.
No financial details were announced.
The acquisition will strengthen Pacific Defense’s position in the defence industry for advanced military open systems architecture standards, including the US army’s C4ISR modular open suite of standards (CMOSS).
Based in New Hampshire, Spear provides signal processing, hardware design and development and integration and test services, among others, for governmental customers nationwide.
Formed in 2015, the company helps to support a range of national security challenges and carries out full scale, low risk operations for the US Department of Defense.
The target’s real-time digital processing services will strengthen the buyer’s CMOSSs and sensor open architecture systems with SIGINT client applications.
Pacific Defense’s chief executive, Travis Slocumb, said: “Delivered system performance is critical for end-user adoption of our technologies. Spear’s expertise will help us ensure that our customers can port their applications and rapidly get the capabilities and performance they need to pace the growing and complex threat environment.”
The deal represents another step on the acquisition trail for the company; in January this year, it agreed to buy US-based wireless technologies for military and defence services provider Spectranetix for an undisclosed sum.
At the time, Pacific Defense said the transaction would strengthen its presence in the defence electronics and CMOSS market.
Zephyr, the M&A database published by Bureau van Dijk, shows there have been 589 deals targeting engineering services providers announced globally since the beginning of 2020.
In the most valuable of these, Capgemini Service, a subsidiary of Capgemini, agreed to buy the remaining 88.6 per cent it does already own in France-based Altran Technologies for EUR 5.53 billion.
This was followed by La Caisse de Depot et Placement du Quebec signing off on plans to acquire an 18.0 per cent stake in Alstom for EUR 2.78 billion.
© Zephus Ltd