Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Trident sells UK defense unit AGI to DC Capital Partners for focus on U.S. Navy work.

flag Trident Maritime Systems has sold its UK subsidiary, Aeronautical & General Instruments (AGI), to private equity firm DC Capital Partners. flag AGI, founded in 1915, supplies advanced electronic systems for naval landing, navigation, and communications to U.S., U.K., and allied navies. flag The divestiture allows Trident to focus on U.S. Navy shipbuilding and sustainment efforts. flag Joe Mullen, Trident’s CEO, said the move strengthens the company’s strategic focus, while David Hyde, AGI’s CEO, expressed optimism for future growth under DC Capital. flag KippsDeSanto & Co. and Jones Day advised on the transaction.

3 Articles