MAG Aerospace, providing and enabling real-time situational awareness, has announced that it has entered into a definitive agreement to acquire AASKI Technology, the company said.
The addition of AASKI´s advanced engineering capabilities, bench of 400 engineering professionals, and reputation for excellence with its customers solidifies the company´s market position as a provider of full spectrum C5ISR solutions across the globe to the US government, its allies, and commercial customers.
The transaction is expected to close in the second quarter of 2020.
AASKI provides professional services for planning, designing, implementing, securing, and managing highly complex, mission-critical networks and systems. AASKI delivers complete lifecycle communications, infrastructure, and support for the world´s most demanding clients from the US DoD to leading communication service providers. AASKI is a Prime Contractor with a tremendous track record in bidding, winning, and executing large-scale contracts.
Baird served as exclusive financial advisor to AASKI and legal counsel was provided by Holland and Knight LLP. Legal counsel to MAG was provided by Ropes and Gray LLP and Cooley LLP.
MAG Aerospace, headquartered in Fairfax, Virginia, is in providing and enabling technology to deliver real-time situational understanding and help its customers make the world smaller and safer.
AASKI Technology (AASKI) is a New Jersey-based government contractor supplies Systems Engineering, Project/acquisition Management, and Logistics and Testing Services with a wealth of expertise in networking technologies that provide next generation integrated communications platforms for the end user.