The proposed
acquisition
would support
Serco's
strategic growth
plan in the
defense sector
by enhancing its
portfolio of
Command,
Control,
Communications,
Computers,
Combat Systems,
Intelligence,
Surveillance and
Reconnaissance
(C5ISR) service
offerings and
broadening its
Federal
government
client base.
BTP provides
satellite
communications
(SATCOM), radar
modernization,
operations and
maintenance, and
sustainment
services that
enable customers
to extend the
lives of
existing systems
and achieve
phased upgrades
with new
technology to
enhance
operational
capability. BTP
specializes in
areas including
obsolescence
engineering,
systems
engineering
services, test
equipment and
design, and
field
engineering
services, and
maintains a
near-field and
compact antenna
test range at
their
Ludlow, MA
headquarters.
The company's
expertise spans
shipboard and
submarine SATCOM
antenna systems,
MILSTAR command
post antennas,
and radar
antennas.
"BTP Systems
is an excellent
addition to our
rapidly growing
C5ISR business
supporting naval
modernization
and sustainment
for ship, shore,
and hardware
integration
projects," said
Dave Dacquino,
Chairman and CEO
of Serco Inc.
"This
acquisition will
provide Serco
with
capabilities in
the engineering,
overhaul,
repair, and
sustainment of
SATCOM and radar
systems that
expand our scope
of solutions for
existing
customers and
brings Serco to
new customers
including Hill
Air Force Base,
the Naval
Undersea Warfare
Center, and
Naval Air
Systems
Command."
The demand
for sustainment,
overhaul, and
testing services
is growing
rapidly as many
of the SATCOM
and radar
systems both on
ships and on
shore require
significant
upgrades and
maintenance to
extend their
useful lives.
BTP supports
major SATCOM
integrators with
specialized RF
engineering,
small lot
production, and
RF testing
services.
Serco's
expertise in
systems
integration and
large-scale
modernization
projects helps
customers
achieve goals
for operational
enhancement and
timely and
cost-effective
completion with
a high level of
confidence.
Referring to
the proposed
acquisition, BTP
Systems
President and
Founder
Bud Beaudry
commented,
"Becoming a part
of Serco will
generate many
immediate and
long-term
benefits to our
customers and
employees.
Our employees'
dedication to
our customers
has resulted in
tremendous
success
throughout BTP's
14-year history.
By joining with
Serco, we will
provide our
clients even
greater
services, and
will offer our
employees
additional
opportunities
for professional
growth.
This is a great
achievement for
all involved as
we join a
company that has
the scope,
scale, and track
record required
for success, and
a stellar
reputation in
the defense
sector."
