TSS Solutions, Intersoft Electronics Inc. US sign Cooperation Agreement for U.S. Military Air Surveillance Radar SLEP and CUAS Opportunities
July 23 2024 - 1:14PM
Business Wire
Intersoft Electronics Inc. US of Naples, Florida, and
TSS Solutions of Melbourne, Florida, are combining forces to
develop and deliver Air Surveillance Radar (ASR) Service Life
Extension Programs (SLEP), as well as Counter Unmanned Aerial
System (CUAS)/anti-drone opportunities, to the U.S. military. Both
companies are well positioned and complement each other’s seasoned
radar manufacturing capabilities.
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The announcement was made during the 2024 Farnborough
International Airshow.
Intersoft and TSS Solutions signed the agreement Monday,
leveraging the companies’ great synergies to satisfy the growing
demand for ASR SLEP to modernize aging systems. “The combination of
these two radar powerhouses will serve the U.S. Warfighter and
Government well,” says Michael Espinola, CEO of Intersoft
Electronics Inc.
Don DiFrisco, President and CEO of TSS Solutions, echoes
Espinola’s optimism about the agreement. “TSS has a long track
record of success partnering with industry leaders to innovate
world-class, cost-effective solutions for the Warfighter,” DiFrisco
said. “Our partnerships with Intersoft, in particular, have
produced industry-leading results. We have every expectation of
raising the bar even higher with this latest collaboration.”
The scalable radar solutions comprising the new agreement
integrate Intersoft’s ASR-M®, a modular approach to Airport
Surveillance Radar that embeds advanced technologies to enhance
radar performance. The modularity accelerates system integration
and commissioning while reducing costs in production, maintenance,
and support.
The core of ASR-M® is the Next Generation Signal
Processor (NGSP®), which features patented, innovative
technologies that address current and emerging challenges, such as
wind farm mitigation, anomalous propagation, and 5G
interference.
With a pedigree of 40 years in design, development,
manufacturing and field services, Intersoft Electronics has become
a reference in radar technology and CNS services worldwide.
Intersoft-electronics.com.
Founded in 1991, TSS Solutions, an Acorn Capital Management
company, is a global defense electronics leader in upgrading,
reengineering, repairing, and operating ground-based tactical and
fixed-position radar and SATCOM systems. TSS Solutions serves the
global defense, telecommunications, and commercial industries.
TSSsolutions.com.
Acorn Capital Management is a middle-market private equity firm
focused exclusively on Aerospace, Defense, and Intelligence. Acorn
invests solely in operating companies that strive to enhance global
mobility and protect national interests. Acorn has a formidable
reputation in the industry and is recognized for its deep
understanding of the Aerospace and Defense markets, with
proprietary access to the best companies within these sectors. With
operational expertise and its ability to lead and manage
investments through variable economic and industry cycles, Acorn
works with management to build its portfolio companies into
significant market leaders. AcornCapitalManagement.com
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Paul Lefton, TSS Solutions 321.242.0000 x118
Paul.Lefton@TSSsolutions.com