HedgeCo.Net — Blackstone said on October 1, 2026 that funds it manages will acquire Technology Service Corp. (TSC) and Applied Systems Engineering, Inc. (ASEI) and combine them under a new defense-technology platform named Falcata. The firm framed the vehicle as an interceptor-focused industrial base play, concentrating sensing, guidance, navigation, and control technologies used in missile defense and related national security missions. Bloomberg, citing people familiar with the matter, reporte...
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