MAG's latest acquisition eyes greater C5ISR presence
By
Ross Wilkers
MAG Aerospace's latest transaction within the past two years is another deal that eyes more growth in the C5ISR arena.
MAG Aerospace has completed its latest acquisition within the past two years since the company itself was purchased by a private equity firm.
This latest transaction announced Monday for Remotely Piloted Solutions adds over 500 employees who work in the field of C5ISR -- command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance.
Dallas-based RPS was founded in 2013 and its work includes operational aircrew services; aircrew training; weapons and maintenance; research, development, test, and evaluation; and intelligence support.
RPS lists on its website the Federal Aviation Administration and Occupational Safety and Health Administration as among the company’s federal customers.
MAG was acquired by New Mountain Capital in 2018 and has since put that backing toward several transactions, most recently of AASKI Technology in March that also sought more C5ISR growth.
Legal counsel was provided to RPS by Jackson Walker LLP. Legal counsel to MAG was provided by Ropes & Gray LLP and Cooley LLP.