In this industry vertical we focus on areas of the federal defense budget that are benefiting from increased prioritization such as advanced electronics, sophisticated intelligence capabilities, upgrades of legacy systems, next generation platforms, special operations, space and cyber security. In conjunction with Operating Partner Vince Buffa and our management partners, we seek to identify platform companies with strong recurring revenue, that can be augmented by our capital resources and multi-decade sector experience of building industry leaders through expanding product offerings, accessing new markets and/or government agencies and executing accretive add-on acquisitions.