
Rocket developer and manufacturer X-Bow Systems on Tuesday said it has acquired Spencer Composites in a deal that brings in-house the company’s supplier of motor cases for hypersonic rockets. Terms of the acquisition, the first for X-Bow, were not disclosed. Founded in 1994, Spencer Composites is based in Sacramento, Calif., and has 26 employees, all of whom will be joining X-Bow along. Brian Spencer, who was president and CEO of Spencer Composites, joins X-Bow as operations technical principal and industry…