Lancer Systems Buys Units from Greene Tweed

Lancer Systems LP has purchased the defense and fiber optics businesses of Greene Tweed & Co. Inc., which had developed the units to access commercial opportunities for its materials in the defense market. Lancer intends to build on the units through its assembly and electronics packaging technology. It will continue its materials relationship with Greene Tweed to strengthen its presence in defense and fiber optic applications. Both companies are based in Kulpsville, Pa.