Noblis extends space portfolio with acquisition

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FTS International brings a suite of space engineering and orbital analysis services to Noblis.
Noblis has acquired a provider of engineering and related support services as part of push to expand further into defense, intelligence and space programs across the federal government.
FTS International was founded by CEO John Fitzgerald in 2005 to focus on mission engineering, intelligence analysis, systems integration and other operational support for intelligence and other national security agencies.
By purchasing FTS, Noblis is also looking to bolster both its delivery function from concept to sustainment operations and further aid its technology scaling efforts. Financial terms of the transaction announced Monday were not disclosed.
"Their mission expertise, highly cleared workforce, and culture of technical excellence complement Noblis' longstanding strengths in scientific research, mission engineering, and innovation.,” Noblis CEO Mile Corrigan said in a release.
FTS also brings to Noblis a portfolio in space engineering and orbital analysis. Noblis’ space work already involves systems engineering, advanced communications, modeling and digital engineering, artificial intelligence, and broader science and technology efforts.
KippsDeSanto & Co. acted as exclusive financial adviser to FTS International.
Corrigan joined our WT 360 podcast in April to discuss the firm’s approach to technology transition and overall strategy amid its 30th anniversary.