CYwP Fund III Invests in Gleason Research Associates

Gleason Research Associates - Hellfire

Current Yield with Participation Funds (CYwP Funds) announced today that one of the funds in its portfolio has invested in Gleason Research Associates Incorporated (GRA), a small business providing specialized products and services to support the warfighter, including unmanned aerial systems (UAS); weapon systems engineering, design and development; guidance and control; inventory management; and training, simulation and operational support to the Department of Defense (DoD) and other federal agencies.

The investment supported the Employee Stock Ownership Plan (ESOP) purchase of 100% of the company’s stock by its employees.

GRA has earned distinction as a key player in the evolution of the AGM-114 HELLFIRE missile system, from its origins as a one-platform “tank buster” to a robust, flexible, multi-platform, multi-target system capable of serving from rotor-wing, fixed-wing, ground-based and unmanned aerial launchers.

Founded in 1982, the company is headquartered in Huntsville, Ala. with locations in Orlando, Fla. and Columbia, Md.