Universal Technology Corp. (UTC), a Beavercreek-based defense and space contractor, has agreed to merge with Georgia-based Advanced Core Concepts, LLC (ACC), UTC said Thursday.
UTC will convert to a limited liability company, changing its name to Universal Technology Company, LLC. Trase Travers, ACC chief executive, will serve as chief executive of the newly merged company, and Joe Sciabica — UTC chief executive — will serve as chief technology officer of the combined business.
The company’s Beavercreek employment numbers initially will remain the same, Sciabica said in an email Thursday.
The newly merged company expects to grow its footprint in the region as it will be in a better position to compete for additional work from the Air Force Research Lab, the Air Force Life Cycle Management Center, the Air Force Materiel Command and other important Air Force organizations, he said.
“In the region we have right at 225 members that work on WPAFB (Wright-Patterson Air Force Base) and around the region at UTC facilities,” Sciabica said.
The combined company has a total of about 573 employees.
Headquartered in Atlanta, ACC’s partnership with UTC will expand the company’s presence in key markets including Dayton, Panama City, Fla.; and Albuquerque, N.M., the company said in a release.
The combined company will create a leading provider of full life-cycle system support and solutions to defense, space, and intelligence markets.
“UTC has been providing exceptional services to the Air Force Research Laboratory, NASA, Missile Defense Agency, and Defense Logistics Agency for 58 years,” Sciabica said in Thursday’s announcement. “In ACC, we have a partner with an excellent reputation, an experienced leadership team, and the same core values UTC has held since 1961. The combined company will continue to invest heavily in our communities and provide additional opportunities for our employees and their families.”
“We look forward to working with Joe Sciabica and his exceptional team,” Travers said in the same release. “The combined company is uniquely positioned to provide full life-cycle support to serve the increasingly complex missions of our customers, as well as provide enhanced training, resources, and career opportunities for our employees.”
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