Aug 24 2015
The Momentum Aviation Group (MAG) has acquired privately-held BOSH Global Services, a world leader in C4ISR services and solutions related to Unmanned Aircraft Systems (UAS). The two companies will integrate their C4ISR services businesses, resulting in an expansion of both companies' capabilities to provide and enable real time situational awareness worldwide using fixed wing, rotary wing, and unmanned aircraft.
MAG is headquartered in Woodbridge, Va., and BOSH is headquartered in Newport News, Va. Together, MAG and BOSH will possess the industry's most comprehensive "tip to tail" services offering for intelligence, surveillance, and reconnaissance (ISR), able to support federal, international, and commercial customers worldwide with ISR training, operations, and sustainment support. Michael Archuleta will remain President of BOSH, become a shareholder of MAG, and report to Joe Fluet, MAG Chairman and CEO.
"BOSH enjoys a global reputation for excellence in UAS services and we expect this acquisition to be a transformative event for MAG and BOSH. By combining BOSH's unmanned capabilities with MAG's manned capabilities, we will create a truly unique, full-scope provider of real time situational awareness for our customers, anywhere and anytime," said Joe Fluet, MAG's CEO. "With BOSH in place, MAG will be uniquely positioned to deliver technical solutions unlike any other company in our space. We could not be more excited that BOSH will be joining the MAG family of companies."
One of the world's most respected providers of UAS and C4ISR support services, training, and systems engineering, BOSH is trusted by federal, international, and commercial clients worldwide to provide UAS services in small, medium, and large unmanned aerial vehicles. BOSH's nearly 200 employees currently support customers on three continents and include some of the most technically complex UAS operations in the world. Key past and current BOSH projects and achievements include building the UAS training programs for the United States Air Force Academy, operating U.S. Air Force Remotely Piloted Aircraft Squadron Operations Centers, and solving complex communications architecture issues for U.S. Special Operations forces.
The combined MAG and BOSH team has already secured new business together. MAG will deploy BOSH's SuperSwiper UAS to Europe as part of a C4ISR contract for an intergovernmental organization.
"MAG's acquisition of BOSH offers our customers and employees terrific opportunities from the complimentary capabilities and synergies in our manned and unmanned aircraft support solutions," commented Michael Archuleta, BOSH President. "I am extremely excited about our future as we jointly expand our ability to support the operational and training needs of our US and allied customers worldwide."
MAG's more than 200 employees support and enable situational awareness services for federal, international, and commercial customers on four continents. MAG was founded in 2009 by CEO Joe Fluet. Key past and current MAG projects and achievements include interdicting and disrupting over $500 million of illegal narcotics in 14 months, deploying the first unmanned ISR expeditionary detachment in support of the United Nations, operating an aviation learning center for the Afghan Special Mission Wing (SMW), and providing manned ISR in South America, Africa, and Asia.
Senior debt for this transaction was provided by the Bank of Montreal.
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