Saronic Acquires Gulf Craft to Accelerate Autonomous Shipbuilding

April 16, 2025

Saronic acquired Gulf Craft, a Louisiana-based shipbuilder, to establish a prototyping and production hub for its medium unmanned surface vessel (MUSV) program, beginning with the 150-foot ASV "Marauder." The deal gives Saronic nearly 100 acres in Franklin, Louisiana, retains Gulf Craft's workforce, and includes a planned $250 million investment in yard upgrades and capacity to scale production (with plans to add 500+ jobs over the next 3–4 years).

Buyers
Saronic
Targets
Gulf Craft
Industry
Manufacturing
Location
Louisiana, United States
Transaction Type
Buyout

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