...tactical satellite communications (SATCOM) terminals and related products for government and commercial customers. The acquisition is conditional upon receiving certain regulatory approvals and is expected to close in the first quarter of 2012. Tampa Microwave’s core capabilities include the design, development, and manufacturing of SATCOM terminals as well as custom SATCOM engineering and customer support. The company’s strategic focus areas complement Thales’s existing product portfolio and will expand its capabilities in the wideband SATCOM domain. Tampa Microwave will operate as a subsidiary of Thales Communications, Inc., a Thales USA company which operates under a proxy agreement with the U.S. Department of Defense (DoD). The business will maintain its location in Tampa, Florida and the current Tampa Microwave management team will remain unchanged. The combination of technology, infrastructure, financial resources and facilities will allow Thales to offer its customers wideband, beyond line of sight communications technology in environments where lower size, weight, and power are critical in helping warfighters complete their missions more safely and effectively.
“Tampa Microwave has established itself as an industry leader in the SATCOM market and will add significant depth and breadth to Thales’s existing portfolio,” said Allan Cameron, President and CEO of Thales USA. “The acquisition is a demonstration of Thales’s commitment to build on its core capabilities in direct support of its long term growth prospects.”
