Canvas Acquires Small Engineering & Technology Company
Canvas is pleased to announce the acquisition of GEN 40 Technologies, Inc. (GEN40), a Huntsville, AL based engineering and technology company with extensive systems engineering, test and evaluation, training, and program management experience.
GEN40 currently delivers high-level programmatic and technical support services required for acquiring, building, integrating, fielding, supporting, and evolving complex systems for the Department of Defense (DOD) and the Missile Defense Agency (MDA). Canvas currently supports both DOD and MDA and with the acquisition of GEN40 allows Canvas to provide more extensive and targeted support to these customers.
“As we examined areas to expand our capabilities, GEN40 was a natural fit for our portfolio,” explains Canvas CEO, Jami Peyton. “The experience Mike Hicklen and his team bring further expands the work Canvas is currently doing for test events with MDA.”
Hicklen, owner of GEN40, joins Canvas as a Test Execution Subject Matter Expert with over 35 years of experience including range and system integration. For the last 15 years Hicklen has been responsible for test standardization and planning, execution, and training for current Missile Defense Agency (MDA) programs.
“Joining Canvas is a perfect fit for not only myself, but most important for my employees. Canvas’ foundational principals are almost the same ones used to build GEN40, so this opportunity feels more like an extension of my company versus an acquisition,” states Hicklen. “I’m looking forward to continuing to do the work I enjoy while supporting our customers under the Canvas name.”
The acquisition was effective 1 August 2020.
Peyton explains, “We are excited about this acquisition and are thrilled to welcome GEN40 Founder Mike Hicklen and his entire team into the Canvas Family.”