Kelvin Hughes is acquired by HENSOLDT
Kelvin Hughes has been acquired by radar and IFF systems supplier HENSOLDT (formerly Airbus Defence Electronics) following an agreement by owners ECI Partners to sell its investment in the company. Completion of the transaction remains subject to regulatory clearances.
“With the support of ECI, we have developed cutting-edge technologies, introduced new solutions and expanded our global reach across 60 countries,” said Russell Gould, Kelvin Hughes CEO. “We are excited to partner with HENSOLDT on the next phase of Kelvin Hughes’ growth, benefiting from its expertise and capabilities in sensors to offer additional services to our clients and further opportunities to our employees.”
Thomas Müller, HENSOLDT CEO, added: “Kelvin Hughes is highly successful in the marine and security markets, while HENSOLDT has a strong position in the higher-end military and surveillance radar domains.
“Our portfolios and market access are highly complementary and we will see significant growth from this transaction. The Kelvin Hughes product portfolio will allow us to enter more price-sensitive markets and their security solutions will add value to the HENSOLDT products and bring us one step closer towards our strategic objective to develop our Sensor House into a Sensor Solutions provider.”
HENSOLDT comprises the security and defence electronics activities of the Airbus Group, which were spun off in 2017 and have now entered the market as a new sensor house under the brand name of HENSOLDT.
The company’s flagship product is the TRS series radar system.
Core radar sensor, security and navigation products provided by Kelvin Hughes include the SharpEye advanced solid-state Doppler radar sensor.
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