Codan: Codan Group Acquires US-Based Organisation Kgwerks to Enhance Tactical Communications Offering

Ashburn, VA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Codan Communications | DTC is pleased to announce that the Codan Group (Codan) (ASX:CDA), through a wholly owned subsidiary Codan US Inc., has entered into a binding agreement to acquire 100% of US-based organisation SKT2 LLC dba Kägwerks (Kägwerks).This acquisition marks a significant step forward in our strategic growth plan as we continue to strengthen and grow our position as a leading provider of full tactical military radio solutions within our core markets.The acquisition of Kägwerks brings complementary capabilities to our Tactical Communications business unit and enables us to broaden our portfolio of solutions. Notably, Kägwerks brings industry-leading intellectual property, technology, and products to our Group. This includes its battle-proven, radio-agnostic dismounted soldier systems which will continue to be part of its systems portfolio of proprietary DOCK branded hardware and software solutions, supporting high-powered, third-party soldier communications in contested battlefield conditions. These technologies will also position Tactical Communications as a US soldier communications solutions provider delivering ...Full story available on Benzinga.com