BX · News · 20261001N

Acquisition / Partnership / Divestiture

Blackstone Inc. · 2026-10-01 · Importance 46 · Surprise 42

Blackstone is investing $1 billion to launch Falcata, a defense-technology company focused on interceptor systems. Falcata combines Technology Service Corp. (TSC) and Applied Systems Engineering, Inc. (ASEI), two recently acquired companies. The platform will develop lower-cost sensing, guidance, navigation, and control technologies for missile interceptors. The investment is intended to expand U.S. and allied defense capacity in response to drones and other widely deployable weapons.

Key facts

• Falcata will combine two acquired companies, Applied Systems Engineering, Inc. and Technology Service Corp., to develop lower-cost sensing, guidance, navigation, and control technologies for interceptors. source