Announced
Completed
Financials
Sources
Tags
Completed
rocket motors
United States
Defense
Acquisition
Majority
Private
Single Bidder
Domestic
Friendly
Synopsis
Anduril Industries, a defense technology company, completed the acquisition of Adranos, a manufacturer of solid rocket motors. Financial terms were not disclosed. There is a clear need for greater competition and expanded supply in solid rocket motors for the United States and our allies. With this acquisition, Anduril will grow the defense industrial base, speed development and production of critical components with an advanced manufacturing approach, and enable next-generation performance of solid rocket motors with ALITEC, which is crucial for national security and overall health of the defense industry,” Brian Schimpf, Anduril CEO.
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