Sponsored by TCI International Inc.
www.tcibr.com
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30 Jun 21. Expecting to partner with countries around the world to introduce new technologies and increase economic prosperity and safety. L3Harris Technologies’ (NYSE: LHX) new CEO, Christopher E. Kubasik, expects to expand the company’s focus on partnering with countries around the world to introduce new technologies and help increase economic prosperity and safety in the regions.
Kubasik, who succeeded William M. Brown yesterday as the second CEO in the company’s history, said L3Harris is poised to address customers’ demand for complete end-to-end solutions and to grow its global presence.
“I look forward to travelling again to develop new partnerships and to expand existing relationships, helping our allies overcome their toughest technology challenges,” Kubasik said. “As the leading defense technology provider, we have tremendous capabilities and resources to help allies address their economic, industrial and security needs.”
L3Harris is a global company with a workforce of 48,000 people and operations around the world supporting customers in more than 100 countries. Approximately 20 percent of L3Harris’ revenue comes from customers outside the United States, with the company working to expand its strategic partnerships and grow its global business footprint.
The company is using its industry-leading research and development investments to create exportable solutions for international markets across all domains – air, land, sea, space, and cyber – with emphasis on communication modernization, aircraft missionization, fighter aircraft upgrades and expansions, maritime expansion and autonomy, and multi-domain integration.
06 Sep 21. Thistle Design Continues to Deliver into Type 26 Programme Under New Ownership.
- Thistle Design prepare to dispatch the next set of Marine Encoder Ring Systems to GE Power for BAE’s Type 26 programme
- Thistle Design’s parent company, BEI Precision, are acquired by $4.3bn private equity firm Arcline to become part of the Quantic Electronics group.
Thistle Design have been designing and manufacturing sensors for use on Royal Navy ships and submarines for more than two decades. Recent projects have included the sensors to synchronise the prop shafts on the QE Class carriers, and a similar capability is being supplied to GE as part of their cutting-edge electric propulsion systems for BAE’s Type 26 programme, providing feedback to the induction motors on speed and direction of each shaft. Thistle’s production facility in Midlothian, Scotland are now ready to dispatch the seventh set out of an initial order of ten sets and anticipates further orders with BAE’s continued success in its export sales of the Global Combat Ship.
Quantic™ Electronics, a portfolio company of Arcline Investment Management, recently announced the acquisition of Thistle Design’s parent company BEI Precision Systems & Space Company, Inc. from J.F. Lehman & Company. BEI Precision designs, engineers, and manufactures highly accurate, resilient, and reliable position feedback sensors and frequency reference technologies for mission-critical space, land, air, and sea applications.
“Over the last three years Thistle Design has thrived as an integral part of the BEI Precision’s defence manufacturing capability,” said Gordon Stewart, Managing Director of Thistle Design, “now with this acquisition and incorporation into the Quantic group we look forward to further investment into UK operations as Quantic seek to grow their European market.”
Mark Mirelez, President and Chief Executive Officer of BEI Precision, commented, “Today’s milestone is a validation of the market-leading position, operational excellence, and culture that we have worked tirelessly to achieve. We look forward to continuing to deliver on future growth opportunities with our new partners at Quantic Electronics.”
About Thistle Design (MMC) Ltd
Thistle Design MMC, part of the BEI Precision Group, are a specialist UK SME who provide innovative sensors for Measurement, Motion and Control applications for the Defence, Nuclear and Industrial markets.
Founded in 1992 by ex-Ferranti engineers, Thistle Design has generated a proud heritage in Optical, Magnetic and Contact Encoders together with Resolvers, Potentiometers and Motors. Thistle Design products are to be found on all five Continents where applications to measure linear and rotary motion, distance travelled, heading and other angular requirements, and have sensors or motors on many of the UK’s major platforms including Challenger, Warrior, Scimitar, AJAX, Type 45, Type 26, QE Class Carriers and imminently Britain’s replacement to Vanguard. For more information visit www.thistledesign.com.
About Arcline Investment Management
Arcline is a growth-oriented private equity firm that seeks to invest in thriving middle market businesses in high value industries. Arcline’s differentiated investment strategy combines deep business model expertise, proactive thematic research, an unrelenting focus on the upside and a collaborative, management-first approach to value creation. The firm’s primary sectors of interest include defense, aerospace, critical infrastructure services, industrial & medical technology, life sciences and specialty materials. Launched in 2019, Arcline currently has $4.3bn in cumulative capital commitments. For more information visit www.arcline.com
17 Aug 21. StandardAero Completes Acquisition of H+S Aviation as part of Signature Aviation’s Engine Repair and Overhaul Business. StandardAero officially completed its acquisition of Signature Aviation’s Engine Repair and Overhaul (ERO) business on 1 July 2021.
H&S Aviation, based in Portsmouth, Hampshire, is an engine maintenance, repair and overhaul (MRO) provider and part of the Signature’s ERO business international network comprising five separate entities: Dallas Airmotive, W.H. Barrett Turbine Engine Company, H&S Aviation, International Governor Services (IGS) and International Turbine Service (ITS). ERO is headquartered in Dallas, Texas, with two overhaul facilities, (one in Dallas, Tx and the other in Portsmouth, England), ten regional turbine centers, one component MRO site and two parts/distribution facilities.
The acquisition adds approximately 1,100 people with annual revenues approaching $500 million to StandardAero’s global MRO networks of now nearly 6,600 employees across 55 major facilities worldwide. StandardAero customers include global and regional airlines, commercial transportation providers, corporate flight departments, private operators, government agencies and defense departments.
“We are excited to welcome ERO and its experienced employees to StandardAero and to bring together all of the best practices of two successful, well-known and highly respected Aerospace companies to provide a multitude of benefits for our customers,” said Russell Ford, Chairman and CEO of StandardAero. “Acquiring ERO enhances our ability to be one of the most efficient and client-focused Aerospace MRO companies in the world, providing superior quality products and responsive service for our industry.”
08 July 21. Communications & Power Industries (CPI) has successfully completed the purchase of TMD Holdings Limited and its subsidiaries, including TMD Technologies Limited and TMD Technologies, LLC (together, TMD). Consisting of approximately 170 employees in facilities in the United Kingdom and the United States, TMD is a world-leading designer and manufacturer of technologically advanced microwave, radio frequency and high voltage equipment for radar, electronic warfare, communications, medical, EMC testing and scientific applications.
TMD brings new products and technological capabilities to CPI’s established portfolio of electronic components and subsystems focused primarily on the defense and communications markets. TMD’s range of reliable and innovative products includes traveling wave tubes (TWTs), TWT amplifiers, transmitters, microwave power modules, high voltage power supplies, and other microwave devices and amplifiers.
“TMD has a well-earned global reputation for high-reliability transmitters and microwave devices, in particular state-of-the-art microwave power modules and TWT amplifiers. We have long been impressed by the quality of TMD’s people and technology. Adding TMD’s proven products to CPI’s Electron Device Business will provide a TMD with a prosperous, long-term home for their business and will enable the companies to offer customers broader capabilities and more comprehensive solutions for radar, electronic warfare, communications, EMC testing and related applications,” said Andy Ivers, president and chief operating officer of CPI.
The newly acquired business will be owned and operated as a subsidiary of CPI and will be part of CPI’s Electron Device Business, which focuses on components used in the generation, amplification, transmission and reception of microwave signals. TMD’s leadership team will remain with the business and report to Todd Treado, president of CPI’s Electron Device Business.“
17 Aug 21. EWS Ltd. are incorporating in Australia with the launch of EWS (Asia Pacific). Led by an Australian Managing Director who will take up their post from 1 September 2021, the Canberra based EWS (AP) team will be supporting the whole of government, defence, intelligence and security clients in Australia, New Zealand and across Asia Pacific, bringing specialist skills to help build regional capability. EWS is a global innovation consultancy operating in the multi-domain arena, providing clients with practical solutions to solve complex and overwhelming problems.
Commenting on the expansion, Jon Gower, EWS’ CEO said, “Our specialist teams have been providing vendor-neutral consultancy, intelligence and training support to governments, defence and security teams dealing with global threats, counter terrorism and near-peer conflict since 2009 Incorporating in Australia is a natural step forward for us, providing the Group with a strong foundation to develop a team of specialists, centred on Australia, with reach across the whole Asia Pacific region.”
On hearing the news of the launch, Jono Beesley, DSM brigadier (Retired) said, “As the former Commander of the ADF Joint Counter Improvised Threat Task Force where EWS’ products provided critical Open Source Threat Intelligence, I saw first-hand the game changing operational benefits EWS delivered to operational planning and threat mitigation. The establishment of EWS (AP) is a significant addition to our sovereign intelligence capability.”
Jon Gower finished, “We think it’s vital for the future of citizens and communities across Asia Pacific that we help to build a sovereign capability that is proactive rather than reactive, using all available intelligence to guide decision making and create an adaptive approach for tomorrow’s threats, not yesterday’s. The EWS Group is very proud as we launch into Australia and look forward to building collaborative and mutually beneficial relationships within the defence, intelligence and security communities.”
Despite a global pandemic, EWS Ltd. has experienced phenomenal growth and demand from governments, defence, national and domestic security, justice and corporate entities across the globe, which has led it to this natural decision to launch EWS (AP) in Australia to better service the specific needs of the Asia Pacific region.
Whether you are a government; operating in the defence sector; a global organisation; working in national and domestic security; or a commercial business, you can rely on EWS (AP) to provide you with unbiased and honest advice. Unique in our approach and application, we will deliver proactive support, unique insights and recommendations to improve operations and meet your budgets and deadlines.
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TCI International, Inc., is a wholly-owned subsidiary of SPX Corporation. TCI provides turn-key solutions for spectrum management and monitoring, direction finding, geolocation and communications intelligence to civilian, government, military and intelligence agencies as well as antennas for communications and high-power radio broadcasting. TCI is headquartered in Fremont, California, USA. For more information, visit www.tcibr.com.
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