Proteus Enterprises Acquires Ricardo Defense Inc., Leading System Integrator for US Army Systems
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Proteus Enterprises has acquired Ricardo Defense Inc., a leading system integrator for US Army systems, in partnership with Gladstone Investment Corporation. The financial terms of the acquisition were not disclosed.
January 08, 2025 | 11:15 am
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Gladstone Investment Corporation (GAIN) has partnered with Proteus Enterprises to acquire Ricardo Defense Inc., a key player in US Army systems integration.
The acquisition of Ricardo Defense Inc. by Proteus Enterprises, with the involvement of Gladstone Investment Corporation, suggests a strategic expansion in the defense sector. This could positively impact GAIN's portfolio and future earnings, leading to a potential short-term increase in stock price.
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