April 30, 2017 9:25 AM ET

Construction and Engineering

Company Overview of HALO Maritime Defense Systems Inc.

Company Overview

HALO Maritime Defense Systems Inc. provides sea barrier defense systems. The company offers maritime sea barrier defense systems to secure critical assets vulnerable to boat or diver attacks; panels to act as wave attenuators reducing the size of waves as they pass through the barriers; and various port security barriers and water security products. Its solutions are used to protect government assets, including navy bases, navy ships in hostile territories, airports, and coast guard boats and facilities; and private assets, which include ports, LNG terminals and tankers, nuclear facilities, refineries, FPSO vessels, oil rigs and facilities, desalination plants, pipelines, palaces, and cruise...

5 Puzzle Lane

Newton, NH 03858

United States

Founded in 2000

Phone:

603-259-4400

Fax:

603-761-8855

Key Executives for HALO Maritime Defense Systems Inc.

Chief Executive Officer
President
Chief Financial Officer
Age: 66
Chief Technology Officer and Director
Compensation as of Fiscal Year 2016.

HALO Maritime Defense Systems Inc. Key Developments

HALO Maritime Defense Systems Wins $3.48 Million Federal Contract

Elemental Innovations Inc. dba HALO Maritime Defense Systems Inc., won a $3,484,295 federal contract from the U.S. Naval Sea Systems Command for a fully automated waterside security barrier system for the Naval Surface Warfare Center.

HALO Maritime Defense Systems Announces Key Management Changes

HALO Maritime Defense Systems (HALO) announced that Eric Johnson has been promoted to Chief Executive Officer and that David Tolly has joined as Chief Financial Officer. Eric Johnson, formerly the Chief Operating Officer of HALO, is an experienced executive with an extensive background in manufacturing, tooling and production. David Tolly is coming to HALO from Corporate Solutions Group Inc., where, as CEO, he held leadership roles including CFO, interim CFO, and interim CEO for numerous private equity portfolio companies, as well as provided a wide range of financial advisory and transaction services. Tolly has more than 35 years of international financial, manufacturing, and business services experience that encompass significant roles in more than 40 companies in the consumer products, industrial equipment, aerospace & defense, oil & gas, and professional services industries.

HALO Maritime Defense Systems Announces Fully Automated Marina Waterside Security Gate

HALO Maritime Defense Systems announced at the Abu Dhabi International Petroleum Exhibition & Conference that the company is introducing a smaller version of its successful Guardian retractable defensive barrier. The Orion Gate is specifically targeted at marinas and other assets where access to the water is necessary but there remains a high need for security, privacy, and controlled access. Like its predecessor Guardian, Orion is an accordion style gate that has the unique ability to retract on its own axis, allowing it to open and close at the push of a button. For the first time, HMDS can offer controlled access to any water-exposed asset. Operation of the gate is controlled by pre-programmed opening and closing modes within the gate's operating software using touch screens. The commercial off the shelf (COTS) components will display the gate status, camera and/or sensor feeds. Software allows diagnostic checks and provides position, speed, and locked or open status to insure safety and reliability.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 13, 2016
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