Noblis announced Monday that it has acquired McKean Defense and its affiliates, Mikros Systems and Cabrillo Technologies, for an undisclosed amount. McKean is an entirely owned subsidiary of Noblis and the name of this new subsidiary will be announced later. Wolf Den Associates and Baird served as exclusive financial advisors for Noblis and McKean, respectively, on this transaction.
“As mission-driven companies, Noblis and McKean Defense have a common purpose of enriching lives and making our nation safer with a shared passion for excellence and innovation. We are excited to welcome McKean employees to the Noblis family and look forward to combining forces to bring new and complementary solutions to address our clients’ growing needs,” commented Amr ElSawy, Noblis president, CEO and previous Wash100 Award recipient.
Glenn Hickok, current VP of Noblis’ Defense Mission Area, has been named president of the subsidiary and will also retain his current role. Joseph Carlini, McKean’s CEO, will step down and become a strategic advisor through the integration process. ElSawy will govern the subsidiary.
“McKean is an employee-owned company. As such, it was important for us to join an organization with a strong, ethical foundation, similar values, and a singular focus on helping to advance national security priorities. We found that in Noblis, and I’m confident that together, our teams and service to our clients will thrive,” said Carlini.
“The McKean /Nobis transaction demonstrates the reprioritization of the Navy and its importance in addressing the emergence of capabilities from near-peer threats. McKean Defense has a strong reputation working with surface ship readiness that is second-to-none,” Jean Stack, managing director of Baird and 2019 Wash100 Award recipient. “Noblis is the perfect home for McKean.”