Thales subsidiary fully acquires Advanced Acoustic Concepts
TDSI's plans to buy out Leonardo DRS's stake in the AAC joint venture were made public in April 2022. (Photo: Advanced Acoustic Concepts)
Thales Defense & Security Inc has completed its deal to acquire full ownership of Advanced Acoustic Concepts (AAC) after buying out its joint venture partner Leonardo DRS.
With a 100% stake in AAC, TDSI will increase its footprint in the US defence market.
AAC is a technical player in the US for advanced sonar and training systems.
With over 200 employees, the company generated sales of $80 million in 2021.
Thales did not disclose the deal's financial terms when it announced the completion of the deal on 27 July.
TDSI CEO Mike Sheehan said AAC's experience in surface and airborne ASW and mine countermeasures would strengthen the company's support of the US DoD.
Sheehan added he expected AAC's success to continue under TDSI ownership.
You may also like
More from Defence Notes
-
![UK releases security strategy and plans for future defence spending boost]()
UK releases security strategy and plans for future defence spending boost
The UK’s National Security Strategy brings together the recently released Strategic Defence Review (SDR), Strategic Security Review, AUKUS Review and Industrial and Trade Strategies. At the same time, the UK made a commitment to reach defence spending of 5% of GDP by 2035 and Germany committed to 3.5% by 2029.
-
![Pentagon’s FY26 defence budget proposal is $130 billion more than US Congress plans to provide]()
Pentagon’s FY26 defence budget proposal is $130 billion more than US Congress plans to provide
The House Committee on Appropriations approved a FY2026 bill reducing investments in main defence programmes.
-
![What role could holographic and 3D capabilities play in the warfare of tomorrow]()
What role could holographic and 3D capabilities play in the warfare of tomorrow
Holographic and 3D technologies have been lauded by some for their ability to provide technical and operational advantages for military training and planning. But is the hype truly justified?
-
![Unfolding the Golden Dome for America: Seven things you should know about the programme]()
Unfolding the Golden Dome for America: Seven things you should know about the programme
Shephard talked to multiple experts about the most pressing concerns and considerations regarding the air defence system advocated by President Trump.
-
![Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans]()
Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans
While industry reception to the SDR has been positive, questions still remain from analyst and trade associations about what this could mean for future investment and the future UK Defence Industrial Strategy.
