Ball Aerospace Acquires Wavefront Technologies
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ANNAPOLIS JUNCTION, Md. –Â Ball Aerospace Technologies Corp. announced today that it has acquired specialized engineering cyber firm Wavefront Technologies to further strengthen and diversify its business portfolio. The transaction price was not disclosed.
Wavefront Technologies, located in Annapolis Junction, Maryland, provides systems and network engineering, software development software and analytical services for cyber and mission-focused programs to the U.S. government and commercial industry. Established in 2004, Wavefront Technologies is a strong small business with multiple successfully performing contracts. The company's team of more than 100 highly skilled and cleared systems engineers, software engineers and analysts has unique domain expertise that complements Ball's workforce. The entire Wavefront Technologies team will immediately transition to Ball as part of the sale.
"Our collective, deep subject matter expertise provides tremendous synergies across our defense, intelligence and information solutions business areas, as well as significant opportunities to diversify and grow in existing and adjacent markets," said Rob Strain, president, Ball Aerospace. "It also further expands our presence in the Washington, D.C. metropolitan area."
Ball Aerospace Technologies Corp. supports critical missions for national agencies such as the Department of Defense, NASA, NOAA and other U.S. government and commercial entities. The company develops and manufactures spacecraft, advanced instruments and sensors, components, data exploitation systems and RF solutions for strategic, tactical and scientific applications. Ball continues to invest and innovate in affordable, high resolution imaging systems, contributing to the needs of civil, military and commercial customers. For more information, visit http://www.ballaerospace.com/.
About Ball Corporation
Ball Corporation (NYSE: BLL) supplies innovative, sustainable packaging solutions for beverage, food and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 15,000 people worldwide and reported 2015 sales of $8.0 billion. For more information, visit www.ball.com.
SOURCE Ball Aerospace Technologies Corp.
CONTACT: Media, Roz Brown, 303-939-6146, rbrown@ball.com; or Investor Relations, Ann Scott, 303-460-3537, ascott@ball.com
Web Site: http://www.ballaerospace.com Â
