ARMADA Parent, a leading provider of ship repair and construction services for the U.S. Navy, successfully executed the acquisition of Virginia-based Poseidon Industrial. This strategic move immediately expands ARMADA’s maritime and technical service capabilities, cementing its commitment to the nation’s defense industrial base and accelerating Naval Modernization efforts.
The acquisition adds critical depth to ARMADA’s service offerings. Poseidon Industrial brings specialized expertise in mechanical, electrical, and systems integration, delivering essential modernization and professional services for naval shipbuilding projects.
These services include installing complex systems, performing vital alterations and improvement work, and ensuring quality assurance that strictly complies with U.S. Navy standards. The integration of Poseidon into ARMADA’s network, which already includes companies like IMIA and Main Industries, allows the company to offer comprehensive, integrated solutions to public and private shipyards.
CEO Yehuda Chakoff stated that Poseidon’s proficiency in combat systems and electrical modernization perfectly aligns with ARMADA’s mission. The acquisition represents a crucial step in strengthening ARMADA’s ability to support its defense and maritime partners with agility and unwavering quality, significantly enhancing the pace of Naval Modernization. This latest expansion, backed by majority owners Carlyle and Stellex Capital Management, underscores the platform’s strategic investment in the defense industrial base to meet the evolving demands of the Naval Modernization mission.
