Private equity sees opportunity, eyes increased investment in submarine industrial base

By Aidan Quigley / February 14, 2022 at 5:50 AM
Steve Dobos, the owner of Texas-based fabricated and machined metal products company Butler Weldments, has been receiving a lot of calls recently. On the other end of the line are private-equity firms, which are increasingly seeing the submarine industrial base as an attractive investment due to its stability and high barrier of entry. “It's certainly a high-growth potential for a private-equity firm,” Dobos said in an interview with Inside Defense . “Speaking from my company itself, I get interest all...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.