Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has agreed to acquire Signature Government Solutions, LLC (SGS) at a cost of $52.5 million.
SGS delivers sophisticated information technology, cybersecurity and intelligence analysis services to the Intelligence Community. The Herndon, Va.-based firm generated $37 million last year and boasts a 100-percent Top Secret/Sensitive Compartmented Information (or higher) clearance rate among its 220 employees.
“The addition of SGS into GTEC’s portfolio immediately adds new depth to our capabilities and customer footprint within the U.S. Intelligence Community, ” said GTEC CEO John Hillen. “Especially when combined with the cyber and intelligence expertise brought to us with our acquisition of Zytel Corporation last month. SGS’s core competencies and past performance in information systems architecture, cybersecurity and network engineering reinforce our ambition to be the leading mid-sized defense technology company that delivers comprehensive, mission-critical solutions to support the most pressing needs of our national security clients.”