Sid Fuchs, MacB
MacAulay-Brown, Inc. has acquired Commonwealth Technology, Inc., a specialized national security products and engineering solutions organization, headquartered in Alexandria, Virginia.
CTI, now a wholly owned subsidiary of MacB, will be lead by MacB Senior Vice President and General Manager of the National Security Group Mark Chadason.
CTI was founded in 1967 and will provide MacB with additional scope into the intelligence and special operations forces markets. Furthermore, CTI has extensive mechanical engineering and prototyping capabilities, as well as a Quick-Reaction-Capability environment that significantly decreases product and solution design and development times.
“The acquisition of CTI increases MacB’s offering by adding to our extensive systems and electrical engineering capabilities, and is in line with our strategy to provide our National Security customers with a full range of technology products, services and solutions,” said MacB President and CEO Sid Fuchs. “The collective skills of our employees will drive innovation and increase value for our customers. On behalf of the entire MacB family, we welcome our new colleagues to the team.”
“CTI not only complements our current offerings, but adds additional engineering and logistical capabilities that will significantly advance our ability to support our National Security customers,” Chadason said. “We look forward to offering CTI’s solutions to our customers where it makes sense, while at the same time extending MacB’s industry-leading customer service and support to CTI’s customers.”
CTI’s niche includes specialized products and software engineering services in the areas of low-profile communications and antenna design, sensor and surveillance integration, software development, reverse engineering and specialized packaging.
“MacB has an excellent reputation in the National Security community for meeting the complex needs of its customers and delivering innovative technology solutions,” said CTI CEO Paul McCann. “Our similar cultures, driven by our shared commitment to defend the Nation, will benefit both MacB and CTI customers going forward. In addition, we see this as an opportunity to refine and expand on our core competencies based on MacB’s well-established Cybersecurity, ISR and Intelligence credentials.”
Blank Rome LLP was represented counsel for MacB regarding the CTI acquisition. KippsDeSanto advised CTI on this transaction.
Read Sid Fuchs’ 2014 Market Outlook here/.
