Aerospace & Defense Acquisitions in Rhode Island

Showing 2 transactions.

  • Buyer
    Vatn Systems
    Target
    Crewless Marine
    Location
    Rhode Island, United States
    Type
    Buyout

    Vatn Systems, a Portsmouth, Rhode Island defense-technology company, has acquired Rhode Island-based Crewless Marine to bring advanced underwater acoustic sensing and real-time signal-processing capabilities in‑house. Crewless Marine co‑founders Dr. Steve Bordonaro and Dr. Philip Caspers will join Vatn in senior engineering roles; financial terms were not disclosed. The deal strengthens Vatn’s vertical integration, reduces supply‑chain dependencies, and accelerates development of AUV acoustic capabilities for defense and environmental markets.

  • Buyer
    Ducommun Incorporated
    Target
    Magnetic Seal Corporation, MagSeal
    Location
    Rhode Island, United States
    Type
    Buyout

    Ducommun Incorporated (NYSE: DCO) completed the acquisition of Magnetic Seal Corporation (MagSeal), a Warren, Rhode Island–based maker of proprietary magnetic seals for aerospace and defense applications. The purchase expands Ducommun's engineered products portfolio and recurring aftermarket offerings for critical A&D systems; the deal was financed with cash on hand and a portion of Ducommun's revolving credit facility.

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