Marmon Aerospace & Defense Group, a Marmon Holdings, Inc. / Berkshire Hathaway Company, has announced the successful acquisition of Marine Tech Wire & Cable, Inc. This marks a significant development in the company’s ongoing commitment to supplying top-notch solutions for mission-critical applications.
Marine Tech Wire & Cable, Inc.: A Strategic Addition
Founded in 2000 and based in York, PA, Marine Tech Wire & Cable, Inc. brings a wealth of expertise in electrical wire and cable manufacturing, specializing in circuit integrity cables designed for US Navy ships. The acquisition solidifies Marmon A&D Group’s product portfolio with an enhanced range that includes power, specialty, lightweight, low smoke, silicone, and watertight cabling specifically for mission-critical shipboard applications.
Charles Clement, President of Marmon A&D Group, elaborated on the acquisition:
“With our recent opening of the Hooksett, NH, marine power cable facility and this strategic acquisition of Marine Tech, we will be able to provide our customers with increased capacity, shorter lead times, and a full offering of cables to support our military and the US Navy shipbuilders.”
Strengthening Support for US Navy and Military Contracts
Marine Tech’s dedication to innovation and quality, as demonstrated by their high-performance cable products and rigorous quality control standards, makes this acquisition a perfect match for Marmon A&D Group’s current shipboard product line. Robert Canny, Senior Vice President of Marmon A&D Group, highlighted the strategic value of Marine Tech’s expertise:
“We are excited to welcome Marine Tech to the Marmon family. Their experience in designing and manufacturing Circuit Integrity Cable will align perfectly with our current product offerings and enable us to support all major Navy Ship Contracts.”
The integration of Marine Tech’s capabilities is anticipated to streamline operations, reduce lead times, and substantially boost the quality and performance of products offered to the U.S. Navy and other military clients.
A Promising Future of Enhanced Innovation and Growth
Marine Tech Wire & Cable’s owners, Mark Lindsay, and Kostanis Contanious, expressed their enthusiasm about joining the Marmon family:
“This acquisition is an exciting new chapter for Marine Tech, and we are eager to join Marmon. With our combined capabilities, we will bring a new level of value to our customer base.”
Both Mark and Kosta will maintain their leadership roles, ensuring a smooth transition and continued operational growth. Their retention underscores the critical role of experienced personnel in driving innovation and meeting the stringent requirements of the defense and maritime sectors.
About Marmon Aerospace & Defense Group
Marmon Aerospace & Defense Group is recognized as a leader in providing high-performance wire, cable, and connectivity solutions across aerospace, defense, and industrial sectors. With a diverse product portfolio covering commercial and military-spec requirements, the company is committed to designing and manufacturing critical products for a wide range of applications.
About Marine Tech Wire & Cable, Inc.
Marine Tech Wire & Cable, Inc. specializes in manufacturing electrical multiconductor cables designed to perform under extreme maritime conditions. Their products are engineered to ensure reliability and high performance in challenging environments, making them a trusted supplier for the U.S. Navy and other high-stakes industrial applications.
This acquisition marks a strong move by Marmon A&D Group to bolster its offerings in the defense and maritime sectors. By integrating Marine Tech’s proven expertise with its own innovative capabilities, Marmon A&D Group is well-positioned to deliver enhanced performance and greater value to its customers in the years to come.
