Ultra Defense Corp Acquires MAST Technology
Mar 19, 2020
TAMPA, Fla., March 19, 2020 /PRNewswire/ -- Ultra Defense Corp (UDC) of Tampa, Florida has completed the acquisition of MAST Technology, Inc. of Warrensburg, Missouri in a transaction that closed Feb 29, 2020. MAST Technology was founded in 1990 in Las Vegas, Nevada and remains a key fixture in the defense industry.
UDC will enhance its dominance in the domestic and international markets by adding the exquisite and specialized Department of Defense manufacturing capabilities of MAST. "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 Defense Strategy and Great Power Competition," said UDC CEO Matthew Herring.
UDC-MAST will operate as a new division of UDC and remain in Warrensburg. It will continue to load, assemble and pack items like 40mm munitions, small caliber ammunition, M81 igniters, and numerous other niche products. Additionally, UDC-MAST will focus on its proven roots in ammunition manufacturing methods and equipment enabling development and production of next-generation ammunition and pyrotechnics. A significant physical expansion of the Warrensburg operation is planned in the coming months.
Jay Bell, former CEO of MAST, will stay on and serve as the General Manager of UDC-MAST. "I am unbelievably excited for future opportunities. Matt's experience, knowledge, and integrity are well established in the defense community. Matt and I together are going to be a very formidable combination. I believe we can multiply our capabilities and obtain exponential growth."
The addition of the MAST team further expands UDC's growing portfolio of products and services. UDC's US Government customers include Army Contracting Command – New Jersey, United States Special Operations Command, US Army Aviation and Missile Command, US Army Tank, Automotive, and Armament Command, and other classified customers and programs enabling current and future national security requirements. UDC's contractor base has expanded to over 50 key sub-contractors around the globe. UDC's core business areas remain centered on providing non-type qualified ammunition, small arms, and weapon systems to the US military and allied militaries worldwide.
Media Contact:
Heather Chase
813-281-0200
[email protected]
SOURCE Ultra Defense Corp
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