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ESCO Technologies Acquires Supplier Of Composite Products For Navy Submarines

By Cal Biesecker

Tuesday, July 16th, 2019

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ESCO Technologies Acquires Supplier Of Composite Products For Navy Submarines

Artist rendering of the future Columbia-class nuclear-armed ballistic missile submarine (SSBN), which will replace the Ohio-class submarines. (Illustration: U.S. Navy)

ESCO Technologies [ESE] 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 (SHT), large aperture bow array acoustic…

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