BlueHalo to Acquire Defence Intellegence Firm

By neub9
3 Min Read

BlueHalo has announced its acquisition of Eqlipse Technologies, a provider of specialized products and solutions to the Department of Defense (DoD) and the Intelligence Community (IC).

With Eqlipse’s exceptional technical talent and innovative product suite, BlueHalo aims to enhance its scale and capabilities, accelerating the development and deployment of advanced defense technologies for its customers.

The combined company will have a total of nearly 2,400 employees across 11 states and an annual revenue approaching $1B. The transaction is expected to close in Q1 2024, with Jonathan Moneymaker, the current Chief Executive Officer of BlueHalo, leading the combined entity.

“The only constant in global defense is the certainty that threats will continue to evolve, new battlefields will emerge, and the landscape will change,” said Moneymaker.

“Combining BlueHalo and Eqlipse, both with a shared passion for pairing innovative technology with customer intimacy, creates an enhanced organization with the proven ability to deliver on some of the most complex and challenging problems our customers face in these uncertain times.”

Since its establishment in 2019, BlueHalo has become a trusted partner to the DoD and IC, serving as the prime contractor awardee for important contracts, such as Space Force’s recent $1.4B Satellite Communication Augmentation Resource (SCAR) program.

BlueHalo has achieved significant milestones, including successfully operationally fielding High Energy Laser Counter-Unmanned Autonomous Systems (C-UAS) with its LOCUST system and becoming a leader in Radio Frequency (RF) C-UAS by delivering its 1,000th system last year.

The company has also launched over 260 systems on-orbit, from laser communication payloads to critical Class-A satellite subsystems.

“I’m incredibly proud of what we have been able to accomplish to date with Eqlipse and am excited for the many benefits this combination will provide for both our employees and our customers,” said Dennis Kelly, CEO of Eqlipse.

“With enhanced scale and capabilities, BlueHalo will remain dedicated to providing the rapid innovation needed by our customers and delivering a protective ring around everything we hold dear.”

Upon completion of the transaction, BlueHalo will hold nearly 90 patents, employ more than 200 PhDs in relevant fields, and offer 20 product lines featuring industry-leading solutions across four key mission areas: Space, C-UAS & Autonomous Systems, Cyber & EW, and Artificial Intelligence (AI)– all stated priority areas for the DoD. The company will remain headquartered in Arlington, VA, and will continue to invest in bringing the latest technological advancements to the defense industry.

Both BlueHalo and Eqlipse are portfolio companies of Arlington Capital Partners, a Washington, D.C.-area private investment firm specializing in government-regulated industries.

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