In response to growing demand for intelligence and security services, BAE Systems has agreed to purchase L-1 Identity Solutions, Inc.’s Intelligence Services Group, formed by the businesses SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC.
The reported price of the acquisition is $295, 833, 000 in total.
According to the firm, “SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC are highly regarded suppliers to the U.S. intelligence and defense communities that will complement BAE Systems’ growing Intelligence & Security sector, which focuses on four key customer missions – intelligence and counterintelligence, homeland security, law enforcement and support to military operations.”
The move will allow BAE to increase offerings to America’s Intelligence Community.
“The acquisition of SpecTal, LLC, Advanced Concepts, Inc., and McClendon, LLC will significantly advance our offerings to the U.S. Intelligence Community. Their capabilities will enhance BAE Systems’ existing knowledge and expertise and will better position us to offer our government customers the security and intelligence support they need to complete their missions, now and in the future, ” said Linda Hudson, president and CEO of BAE Systems, Inc.