ESCO Technologies earlier this month said it acquired Globe Composite Solutions, LLC, a provider of composite-based products for the Navy and defense industry customers, including for the Virginia- and Columbia-class nuclear submarines.
Terms of the deal were not disclosed. Globe, which is based near Boston, is expected to have about $37 million in sales this year.
Globe provides more than 140 different parts for the Virginia– and Columbia-class submarines, including special hull treatments, large aperture bow array acoustic panels, missile hatch gaskets, transducer covers, propulsor fairings and propeller shaft snubbers.
ESCO, based in St. Louis, said the quality of Globe’s products and manufacturing capabilities has made the company a preferred supplier, positioning it for further growth.
Globe will become part of ESCO’s Filtration segment. Globe has a 72,000 square-foot research, design, machining, and production facility and a 30,000 square-foot logistics support facility in the Boston area.
This story first appeared in Nuclear Security & Deterrence Monitor affiliate publication, Defense Daily.
