BAE Systems buys Bristol-based data consultancy Techmodal
BAE Systems has bought Bristol-based data consultancy and digital services company Techmodal for an undisclosed sum.
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Techmodal, which has around 120 employees and 30 associates, has a number of long-term contracts with the UK Ministry of Defence in support of the armed forces, particularly the Army, Strategic Command and Royal Navy.
BAE said the company’s expertise complements its own existing digital, data and technical services capabilities.
David Mitchard, managing director of BAE Systems’ Maritime Services business, said: "We are delighted to welcome the Techmodal team to BAE Systems. This deal will open up many new opportunities for both businesses and for our colleagues.
"Techmodal’s data expertise is highly complementary to our own digital capabilities and aligns well with our customers’ digital needs and ambitions.
"This acquisition allows us to work together to provide further support to the UK’s armed forces’ digital transformation as well as bringing the benefits of leading edge data-driven decision making to all of our customers."
Techmodal becomes a wholly-owned subsidiary of BAE Systems with immediate effect.