Hello, Guest!
  • Friday, November 22, 2024
https://em-graphics.s3.us-west-2.amazonaws.com/archintel-media/a0S4y00000F3QbQEAV.jpg

Albers Aerospace Buys Garrett Container Systems; John Albers Quoted

Albers Aerospace has acquired Garrett Container Systems in a transaction aimed at expanding its capabilities in support of military customers.

GCS is a HUBZone-certified small business founded by Don and Liz Morin in 1991 and manufactures aluminum storage and shipping containers and tactical kits, Albers said Friday.

GCS will keep its operations in Accident, Maryland, as it runs as a wholly owned subsidiary of Albers.

“Garrett Container Systems is a natural addition to the growing Albers Aerospace family of companies that exist to serve the warfighter and bring essential capability to bear for our nation,” said John Albers, CEO of Albers Aerospace.

McKinney, Texas-based Albers Aerospace is a service-disabled veteran-owned small business focused on providing engineering, aviation and manufacturing support services to government and defense customers.

Video of the Day

Related Articles

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted M&A Activity

IBM Strikes $6.4B Acquisition Deal for HashiCorp; Arvind Krishna Quoted

IBM (NYSE: IBM) has agreed to acquire HashiCorp (Nasdaq: HCP) for approximately $6.4 billion, or $35 per share in cash, to expand its infrastructure and security lifecycle management capabilities designed to help organizations automate their multicloud and hybrid cloud environments amid the rapid deployment of artificial intelligence technologies. IBM said Wednesday the boards of directors

Sigma Defense Buys Electronic Warfare Tech Company EWA; Matt Jones Quoted M&A Activity

Sigma Defense Buys Electronic Warfare Tech Company EWA; Matt Jones Quoted

Sigma Defense Systems, a portfolio company of Sagewind Capital, has moved to expand its Combined Joint All-Domain Command and Control capabilities with its acquisition of Herndon, Virginia-based electronic warfare systems provider EWA. EWA was founded by President and CEO Carl Guerreri in 1977 to bring electronic warfare platforms, threat simulators, testing and training support and