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X-Bow Systems on Tuesday said it has agreed to acquire Evolution Space, a supplier of rocket motors for hypersonic applications and propellant technologies, augmenting existing capabilities and adding to its production capacity for energetics. Deal terms were not disclosed. X-Bow expects to close the transaction in March or April. Evolution Space has capabilities in high-burn rate solid rocket propellant, hypersonic propulsion systems, and intellectual property and trade secrets for advanced propellants and key rocket motor subcomponents such as igniters that…
