Announced
Completed
Synopsis
Arotech-backed FAAC, a provider of simulation training solutions, completed the acquisition of Battlespace Simulations, a defense software provider. Financial terms were not disclosed. “We are excited to welcome BSI to the Arotech Training and Simulation Division. This acquisition aligns perfectly with our strategic vision to grow our organization’s capabilities by acquiring organizations with exceptional management, synergistic products, and industry leading expertise in training and simulation. Having known Gary and BSI for years, I know we are gaining a team that shares our vision for providing world class simulation solutions to best prepare our warfighters to succeed in their missions and return home safe,” Kurt Flosky, FAAC and Arotech President of Training and Simulation Division.
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