Blackstone Pours $1 Billion Into New Defense Tech Firm
Blackstone Inc. (NYSE: BX ) on Thursday announced the launch of Falcata, a defense technology company formed through the acquisition and combination of TSC and Applied Systems Engineering. The unified platform will focus on technologies used in missile defense and next-generation interceptor systems. Falcata Targets Next-Generation Missile Defense Falcata brings together capabilities across sensors, radar, precision guidance, GPS-denied navigation, intelligence, surveillance and reconnaissance, launchers and related technologies. The company aims to help warfighters detect, track and neutralize threats across a range of operating environments. Blackstone said its investment will support Falcata’s engineering expansion, manufacturing capacity and workforce growth. Goldman Sachs served as exclusive financial advisor to Blackstone. See More: Top Value Stocks Lower-Cost Interceptors Gain Importance Jonathan Moneymaker, chairman of Falcata, said recent conflicts have underscored the importance of lower-cost interceptors to U.S. national s
Blackstone Inc. (NYSE: BX ) on Thursday announced the launch of Falcata, a defense technology company formed through the acquisition and combination of TSC and Applied Systems Engineering. The unified platform will focus on technologies used in missile defense and next-generation interceptor systems. Falcata Targets Next-Generation Missile Defense Falcata brings together capabilities across sensors, radar, precision guidance, GPS-denied navigation, intelligence, surveillance and reconnaissance, launchers and related technologies.
The company aims to help warfighters detect, track and neutralize threats across a range of operating environments. Blackstone said its investment will support Falcata’s engineering expansion, manufacturing capacity and workforce growth. Goldman Sachs served as exclusive financial advisor to Blackstone. S.
national security. He said producing more interceptors will require greater capacity across critical sensing, guidance, navigation and control technologies. S. and its allies at scale.
Private Equity Steps up Defense Investment Blackstone’s investment comes as private equity firms increase their exposure to aerospace and defense. In May, Carlyle Group Inc. S. and Europe.
Admiral James Stavridis, vice chairman of Carlyle, said higher defense spending and military modernization are expected to drive long-term demand for advanced technologies and industrial capacity. 90 at the time of publication on Friday, according to Pro data. Image via Shutterstock Read Also: Michael Burry Just Pulled a 1960s Market Bubble Into Nvidia's AI Debate — ‘We Have All Been Here Before’