TSS Solutions Company Profile

Background

TSS Solutions, formerly known as Telecommunication Support Services, Inc., is a defense electronics engineering and manufacturing company specializing in the modernization, repair, and operation of ground-based tactical and fixed-position radar and satellite communication (SATCOM) systems. Established in 1991 and headquartered in West Melbourne, Florida, TSS Solutions has integrated its designs into radar systems developed by leading aerospace and defense companies. The company's mission is to build innovative products and deliver world-class engineering and technical services to support customers' missions globally.

Key Strategic Focus

TSS Solutions focuses on providing high-quality, responsive, and cost-effective technical products and services to the global defense electronics industry. The company's core objectives include upgrading, reengineering, repairing, and operating ground-based tactical and fixed-position radar and SATCOM systems. TSS Solutions serves the global defense, telecommunications, and commercial industries, offering depot repairs, technology insertions, field installations, and training.

Financials and Funding

As a subsidiary of Acorn Capital Management, a middle-market private equity firm focused on aerospace, defense, and intelligence sectors, TSS Solutions benefits from strategic financial backing. The company's estimated annual revenue is approximately $35.7 million, with an estimated revenue per employee of $308,000.

Pipeline Development

TSS Solutions is actively involved in several key projects:

Radar Modernization: The company is engaged in upgrading and modernizing radar systems for various defense clients, including a contract awarded by the Ecuadorean Air Force to fully upgrade an AN/TPS-43 Radar System.

SATCOM Services: TSS Solutions provides engineering, modernization, installation, integration, testing, and commissioning of earth stations, antennas, and electronics globally.

Depot Repair Solutions: The company offers modernization and engineering services for radar components and satellite communications equipment.

Technological Platform and Innovation

TSS Solutions distinguishes itself through its proprietary technologies and innovative methodologies:

Proprietary Technologies: The company owns several radar systems and provides systems for lease, enabling state-of-the-art technology capabilities with a mix of low acquisition costs, fast delivery, service-life extension, and ongoing maintenance and operations support services globally.

Scientific Methodologies: TSS Solutions employs advanced engineering and manufacturing processes, including the latest LEAN concepts, to enhance operational efficiency and product quality.

Leadership Team

The leadership team at TSS Solutions comprises experienced professionals:

Don DiFrisco: President and CEO, leading the company's strategic direction and growth initiatives.

Gary Ambrose: Chief Operating Officer, overseeing daily operations and ensuring operational excellence.

Daniel Bridenbaugh: Chief Financial Officer, managing the company's financial strategy and performance.

David Stowe Jr.: Vice President for SATCOM, leading the company's satellite communications initiatives.

Leadership Changes

Recent significant appointments within the company's leadership include:

Gary Ambrose: Appointed as Chief Operating Officer in February 2024.

Daniel Bridenbaugh: Appointed as Chief Financial Officer in September 2024.

David Stowe Jr.: Appointed as Vice President for SATCOM in April 2024.

Competitor Profile

Market Insights and Dynamics: The defense electronics industry is characterized by rapid technological advancements and a growing emphasis on modernizing legacy systems. The market is competitive, with several key players offering similar services.

Competitor Analysis: TSS Solutions' primary competitors include:

Airbus Telespazio Capacity Operator: Specializes in selling capacities of the Syracuse IV telecommunication military satellite system.

XTAR: Operates as a commercial satellite operator.

Knight Sky: Provides end-to-end managed satellite network services.

Gonets: Offers mobile satellite communication and relaying services.

Strategic Collaborations and Partnerships

TSS Solutions has engaged in significant collaborations to enhance its market position:

Intersoft Electronics Inc. US: Signed a cooperation agreement for U.S. Military Air Surveillance Radar Service Life Extension Programs (SLEP) and Counter-Unmanned Aerial Systems (CUAS) opportunities.

Operational Insights

TSS Solutions' strategic considerations include:

Market Position: The company leverages its expertise in radar and SATCOM systems to maintain a competitive edge in the defense electronics industry.

Competitive Advantages: TSS Solutions' in-house depot operations, ownership of radar systems, and ability to provide systems for lease offer a unique value proposition to clients seeking cost-effective and efficient solutions.