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Dytecna has been bought out of administration by Exsel Dytecna Engineering, saving 65 jobs in Malvern, Welshpool and Fareham.
Dytecna is to create up to 50 new jobs in Tewkesbury and Malvern over the next 12 months, having won a contract to install electronic systems for the Ministry of Defence.
Dytecna Systems Engineering is to create 35 new jobs at its site near Welshpool over the next 18 months, in order to manufacture box recorders for military vehicles.
Dytecna of Malvern has acquired GEL Engineering of Southampton, in order to expand its defence systems division.