Arcfield has finalized its acquisition of Rite-Solutions, a Rhode Island-based provider of software development, systems engineering and IT services.
The deal expands Arcfield’s domain expertise and strengthens its national security portfolio as global competition intensifies, the company said.
“As a defense-technology hybrid company, we have been intensely focused from day one on providing our mission partners with a technological edge,” said Kevin Kelly, chairman and CEO of Arcfield. “We are building an organization uniquely positioned to deliver exceptional national security support spanning every domain—from the depths of the ocean floor to the edges of space—and the acquisition of Rite-Solutions gets us there.”
Rite-Solutions brings experience in undersea warfare and naval systems that complements Arcfield’s nuclear surety and missile engineering work. Together, the companies expand their ability to deliver systems engineering, surveillance, detection and all-domain mission operations for U.S. government customers.
“When we created Rite-Solutions, we were determined to create a company founded in a community culture that puts the mission first,” said Joe Marino, CEO and co-founder of Rite-Solutions. “Joining forces with Arcfield will allow us to keep that vision alive while expanding our business beyond our undersea warfare origins. Additionally, their leadership position in model-based systems engineering and artificial intelligence innovation will enable us to deliver a more robust capability set to our existing Navy and federal customers.”
Latham & Watkins LLP and Crowell & Moring LLP served as counsel to Arcfield. The McLean Group advised Rite-Solutions, which was represented by Fluet and Dentons Durham Jones Pinegar P.C.