DTC Acquires Adaptive Dynamics to Enhance Mission-Critical Communications

DTC Acquires Adaptive Dynamics to Enhance Mission-Critical Communications

Ashburn, Virginia, May 22, 2026 (GLOBE NEWSWIRE) -- DTC, a Codan company (DTC) and a provider of advanced tactical communications systems, today announced the acquisition of...

Codan (ASX:CDA) buys Adaptive Dynamics for A$21m and bolts on electronic warfare

The deal is earnings neutral in year one, but the anti-jamming IP reshapes DTC’s defence pipeline. Codan (ASX:CDA) has announced that its wholly owned US subsidiary, DTC Communications, will acquire the intellectual property of Adaptive Dynamics for approximately A$21 million in upfront and contingent payments, plus a tiered royalty stream over the five years following completion. The deal is small in dollar terms for a business that just told t…