X-Bow acquires Spencer Composites
X-Bow acquired Spencer Composites to add composite structures and manufacturing capacity to its vertically integrated propulsion business.

Evidence notes
- Spencer Composites became an X-Bow company.
- The transaction added composite engineering and production capability.
- The acquisition broadened X-Bow's in-house motor and vehicle manufacturing stack.
Company context
U.S. developer and manufacturer of solid rocket motors, advanced propellants, launch vehicles and counter-UAS systems.