US-based Ultra Defense Corp (UDC) has acquired Missouri-based military ammunition manufacturer MAST Technology.
Financial details of the transaction have not been disclosed by the companies.
Founded in 1990, MAST Technology currently supplies ammunition and other equipment to all branches of the US Department of Defense (DoD).
UDC provides non-type qualified ammunition, small arms, and weapon systems to the US military and allied militaries. It has more than 50 key sub-contractors worldwide. The US Army Contracting Command-New Jersey, United States Special Operations Command, US Army Aviation and Missile Command, US Army Tank, Automotive, and Armament Command, and more are some of its customers.
UDC CEO Matthew Herring said: “In combining the well-established competencies of UDC and MAST we have aligned both entities under the National Security Innovation Base.
“This is the first step of many towards accomplishing our goal of becoming a key supplier of next-generation overmatch capability to the US warfighter supporting the national defence strategy and great power competition.”
With the completion of the deal, UDC-MAST will function as a new division of UDC and focus on ammunition manufacturing methods and equipment.
It will continue to operate from Warrensburg, Missouri, with MAST former CEO Jay Bell to serve as general manager.
In the next few months, the Warrensburg operation is expected to undergo major physical expansion.
The UDC-MAST will continue loading, assembly and packaging of niche products, including 40mm munitions, small calibre ammunition and M81 igniters.
Jay Bell said: “I am unbelievably excited for future opportunities. Matt’s experience, knowledge, and integrity are well established in the defence community.
“Matt and I together are going to be a very formidable combination. I believe we can multiply our capabilities and obtain exponential growth.”