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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