Ball Aerospace acquires Maryland-based Wavefront Technologies
BOULDER — Ball Aerospace & Technologies Corp. on Friday closed the acquisition of Maryland-based Wavefront Technologies for an undisclosed sum.
Officials for Boulder-based Ball don’t expect any immediate employment cuts or additions for either company locally or elsewhere.
Wavefront, headquartered in Annapolis Junction, will keep its facility but become part of Ball Aerospace’s Systems Engineering Solutions business unit, which has the bulk of its 600 employees in Dayton, Ohio.
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Ball’s SES business unit works primarily with Wright-Patterson Air Force Base in Ohio and Kirkland Air Force Base in New Mexico, analyzing data from space, air and land to create visualizations and provide actionable intelligence for the military.
Wavefront is a specialized engineering services firm that provides systems and network engineering, software development and analytical services for cyber and mission-focused programs within the U.S. government and commercial industries. The acquisition of Wavefront will help Ball leverage its own hardware technologies developed by the company.
Wavefront has about 110 employees, which are all expected to become employees of Ball Aerospace, a subsidiary of Broomfield-based Ball Corp., (NYSE: BLL).
Shares of Ball Corp. stock were up 42 cents Monday afternoon to $67.24.
BOULDER — Ball Aerospace & Technologies Corp. on Friday closed the acquisition of Maryland-based Wavefront Technologies for an undisclosed sum.
Officials for Boulder-based Ball don’t expect any immediate employment cuts or additions for either company locally or elsewhere.
Wavefront, headquartered in Annapolis Junction, will keep its facility but become part of Ball Aerospace’s Systems Engineering Solutions business unit, which has the bulk of its 600 employees in Dayton, Ohio.
Ball’s SES business unit works primarily with Wright-Patterson Air Force Base in Ohio and Kirkland Air Force Base in New Mexico, analyzing data from space, air and land to create visualizations and provide actionable…
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