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Business/Financial

Leonardo DRS Acquires Company That Designs, Manufactures Small Gimbals

By Cal Biesecker

Friday, August 6th, 2021

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Leonardo DRS Acquires Company That Designs, Manufactures Small Gimbals

Leonardo DRS last Thursday said it has acquired Ascendant Engineering Solutions (AES), giving it a new product line and capabilities in small multi-sensor gimbals for government, law enforcement and other applications. Terms of the deal were not disclosed. AES, a small company based in Austin, Texas, designs, develops and manufactures stabilized three- and five-inch gimbal systems for Group 1, 2 and 3 unmanned aircraft systems used by the U.S. military services. Leonardo DRS said that AES “is focused on gimbal…

Congress

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Unmanned Systems

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