List of 14 Maryland-based Defense Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Federal Resources Acquired Noble Supply & Logistics 2021-10-26 Stevensville, Maryland, United States website	Defense	-	2	2	-
ELTA North America Private Annapolis Junction, Maryland, United States website	Defense	-	1	1	-
T2S Solutions PE Backed Madison Dearborn Partners 2023-11-29 Belcamp, Maryland, United States website	Defense	-	1	1	-
Swales & Associates, Inc. Acquired ATK 2007-04-03 Beltsville,, Maryland, United States website	Defense	-	-	-	-
Allied Defense Group, Inc. Acquired Chemring 2010-01-19 $59M Baltimore, Maryland, United States website	Defense	-	-	-	-
TSA Acquired JHNA 2021-06-10 California, Maryland, United States website	Defense	-	-	-	-
United Industrial Corporation (AAI) Acquired Textron 2007-10-08 $1.1B Hunt Valley, Maryland, United States website	Defense	700	-	-	-
Applied Ordnance Technology, Inc. Acquired Science Applications International 2006-08-28 Waldorf, Maryland, United States	Defense	-	-	-	-
The KEYW Holding Corp. - Systems Engineering & Technical Assistance Acquired Quantech Services, Inc. 2016-03-14 Hanover, Maryland, United States	Defense	-	-	-	-
Communication Solutions, Inc. Acquired Rockwell Collins 2002-03-19 $23M White Marsh, Maryland, United States	Defense	16	-	-	-
Sky Connect LLC Acquired EMS Technologies, Inc. 2008-08-15 Takoma Park, Maryland, United States	Defense	-	-	-	-
iRF Solutions Acquired Narda-MITEQ 2021-12-28 Sparks, Maryland, United States website	Defense	-	-	-	-
Lear Siegler Services, Inc. Private Annapolis, Maryland, United States	Defense	-	-	-	-
Seismic LLC Private Hanover, Maryland, United States website	Defense	-	-	-	-

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