# 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.

- Type: Acquisition
- Announced: 2022-07-28
- Where: United States
- Status: completed
- Products: surface ship combat systems, undersea warfare platforms
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Leonardo DRS](https://endata.com/companies/4486.md) (partner)
- [Thales Defense & Security](https://endata.com/companies/64414.md) (acquirer)
- [Advanced Acoustic Concepts](https://endata.com/companies/64415.md) (target)

## Sources

- [govconwire.com](https://www.govconwire.com/articles/thales-gains-full-ownership-of-acc-jv-with-leonardo-drs), 2022-07-28: "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."
- [defensenews.com](https://www.defensenews.com/industry/2022/07/28/thales-announces-new-deal-to-bolster-foothold-in-us-defense-market/), 2022-07-28: "Thales Defense and Security has acquired full ownership of Advanced Acoustic Concepts in an effort to improve its position in the U.S. defense market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.