Blackstone Invests In Falcata, Combining TSC And ASEI To Expand Interceptor Technologies
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Blackstone has announced a significant investment to launch Falcata, a defense technology company being formed through the acquisition and combination of TSC and Applied Systems Engineering, Inc. under a single platform. Funds managed by Blackstone will acquire the two companies and combine their complementary technologies across the interceptor guidance chain. The announcement did not disclose financial terms. Falcata is being created to expand U.S. industrial capacity for technologies used in missile defense and other national security missions as governments respond to the increasing use of inexpensive drones, missiles and other weapons at scale. Blackstone said recent conflicts have demonstrated a growing need for defensive systems that can combine effectiveness with the production volumes required to counter large numbers of comparatively low-cost threats. The strategy goes beyond producing additional interceptors. Falcata will focus on increasing capacity for the sensing, guidance, navigation and control technologies that form critical components inside those systems. The combined company will bring together capabilities spanning advanced seekers and radar technologies, guidance electronics, control actuation systems, GPS-denied navigation, intelligence, surveillance and reconnaissance, launchers and other technologies used in missile defense and national security...
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