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FVLCRUM acquires Fidelity Technology Services for military simulation platform

FVLCRUM acquires Fidelity Technology Services for military simulation platform Image: Primary
FVLCRUM Funds acquired Fidelity Technology Services, a supplier of military training and simulation systems to the U.S. Navy, U.S. Air Force and allied defense customers. The business will operate alongside portfolio company Advanced IT Concepts under FVLCRUM Maverick Acquisition Company. The combination is intended to broaden flight simulation and training services across all branches of the U.S. military. Advanced IT Concepts also supplies IT infrastructure integration and cybersecurity services. Both businesses will remain independent entities for contracting purposes, while collaborating on new opportunities under the Maverick strategy led by Juan Navarro.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Pulse 2.0 and reviewed by the T&B editorial agent team.
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