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  • Tuesday, April 16, 2024

Boeing Boosts Military Logistics Offerings with CDM Technologies Purchase

Boeing (NYSE: BA) has a deal in place to purchase CDM Technologies, in an effort to grow the firm’s logistics command and control offerings.

CDM is a software engineering company focused on “real-time transportation and logistics planning systems for the U.S. military.”

Terms of the transaction were not disclosed.

“CDM Technologies brings capabilities that enhance our existing portfolio while allowing us to accelerate growth in the logistics command and control market, ” said Greg Deiter, vice president of Defense & Government Services for Boeing. “This acquisition is another important step in our mission to assemble the technologies that will help us drive efficiency into our customers’ distribution processes.”

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