Blackstone Launches Defense Tech Platform Falcata Through TSC, Applied Systems Engineering Combination

Funds managed by Blackstone ("Blackstone") to acquire TSC and ASEI, and combine companies under Falcata platform — helping expand America’s interceptor industrial base to counter the proliferation of inexpensive aerial threats The combined company builds on decades of experience delivering mission-critical sensing, guidance, navigation and control technologies for national security missions Blackstone today announced a significant investment to launch Falcata, a defense technology company formed through the acquisition and combination of TSC and Applied Systems Engineering, Inc. (ASEI) under a unified platform. Falcata brings together complementary technologies across the interceptor guidance chain to strengthen America’s industrial capacity and help meet the growing demand for cost-effective national security missions. The formation of Falcata comes as the United States and its allies confront a rapidly changing threat environment in which inexpensive drones, missiles and other weapons can be deployed at significant scale. Recent conflicts have demonstrated the need for defensive systems that can deliver both effectiveness and volume, increasing demand not only for more affordable