Done Deal: Zytel Becomes GTEC Cyber Solutions; John Hillen Comments

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has completed the acquisition of Zytel Corporation (Zytel) for $26.8 million.

Zytel will be rebranded GTEC Cyber Solutions and will focus on cybersecurity and mission systems in support of intelligence, counterterrorism, and cyber-warfare missions.

“This business combination fulfills a key element of our strategy to grow GTEC’s market presence by acquiring companies that either bring more depth to what we do today or provide complementary solutions, ” said CEO John Hillen. “We are pleased to expand GTEC’s capabilities in the critical cyber intelligence and cyber-warfare areas and we look forward to leveraging the full breadth of our experience and expertise to support the cybersecurity efforts of our national-security customers.”

You may also be interested in...

CACI International

CACI Awarded FEMA National Public Warning System Support IDIQ

CACI International (NYSE: CACI) has received a potential five-year, $48 million contract from the Federal Emergency Management Agency to modernize and sustain FEMA’s National Public Warning System.

Northrop Grumman

Northrop Books $155M MDA Contract to Demonstrate Space-Based Sensing Tech

Northrop Grumman (NYSE: NOC) will aim to demonstrate a space-based sensor technology for defending against hypersonic weapons and other sophisticated missile threats under a $155 million prototype award from the Missile Defense Agency. The company will perform on-orbit demonstration, launch and initial orbit testing work under Phase IIa of MDA's Hypersonic and Ballistic Tracking Space Sensor program, the Department of Defense said Friday.