SAS acquires hypersonic engineering provider

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The Godspeed Capital-backed company is bringing in a business whose client base includes the Missile Defense Agency, among others.

Special Aerospace Services has completed its third acquisition both of this year to date and under the space and defense engineering outfit’s private equity owner.

In purchasing Concordia Technologies, SAS is looking to further expand its footing across missile and hypersonic weapon systems defense programs for the Missile Defense Agency and other Defense Department agencies.

Terms of the transaction announced Tuesday were not disclosed.

Concordia also specializes in sensor design and evaluation services, along with technologies for use in modeling and simulation.

For hypersonics specifically, Concordia has designed its solutions to help facilitate conventional and high-order sliding mode control of the systems. These are meant for applications such as hypersonic gliders and kill vehicles.

“The future of our defense strategy lies in the continued funding and development of advanced technologies such as hypersonics, which will play a pivotal role in ensuring our nation's security in the coming decades,” SAS’ chief executive Heather Bulk said in a release.

Godspeed first acquired SAS in the spring and has supported the contractor’s rapid expansion since through the acquisitions and standup of a multiple-use manufacturing facility in Huntsville, Alabama.

In an interview with us, Bulk told us SAS is seeing that facility as its way to further scale up the company's posture for meeting client demand.

Concordia was advised by Generational Equity on the transaction involving SAS and Godspeed, whose legal adviser was Latham & Wakins.