Thales Defense & Security acquires full ownership of Advanced Acoustic Concepts

Thales Defense & Security Inc. acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts (AAC), a joint venture specializing in surface ship combat systems and undersea warfare platforms for the U.S. Navy, for an undisclosed amount.

“A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount.”govconwire.com

• 2 sources
• govconwire.comThales Defense Arm Gains Full Ownership of Advanced Acoustic Concepts JV With Leonardo DRS – GovCon WireNaomi CooperJul 28, 2022
• defensenews.comThales makes deal meant to bolster foothold in US defense marketZamone PerezJul 28, 2022

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